𝗖𝗘𝗦𝗧𝗔𝗧 𝗞𝗼𝗹𝗸𝗮𝘁𝗮 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗧𝗮𝘅 𝗔𝗱𝗷𝘂𝘀𝘁𝗺𝗲𝗻𝘁 📢 𝗧𝗵𝗲 𝗯𝗲𝗻𝗰𝗵 𝗼𝗳 𝗖𝗘𝗦𝗧𝗔𝗧 𝗞𝗼𝗹𝗸𝗮𝘁𝗮 𝗿𝘂𝗹𝗲𝗱: The appellant, Tata Steel Downstream, can adjust service tax liability on later invoices; appeal allowed, order set aside.

🔍 𝗙𝗮𝗰𝘁𝘀: 𝗖𝗼𝗺𝗽𝗮𝗻𝘆: M/s. Tata Steel Downstream Products Ltd. 𝗜𝘀𝘀𝘂𝗲: Eligibility to adjust excess service tax paid against future service tax liabilities.

𝗣𝗿𝗼𝗰𝗲𝗲𝗱𝗶𝗻𝗴𝘀: The appellant’s supplementary invoices for increased packing costs were rejected by Tata Steel Ltd. They adjusted excess service tax against future liabilities and provided a Chartered Accountant’s Certificate.

⚖️ 𝗝𝘂𝗱𝗴𝗺𝗲𝗻𝘁: The Tribunal upheld that the appellant is entitled to the adjustment of excess service tax paid on the initial invoices against future liabilities. The appeal was allowed, and the previous order was deemed unsustainable.

𝗖𝗮𝘀𝗲 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻: 𝗣𝗮𝗿𝘁𝗶𝗲𝘀: M/s. Tata Steel Downstream Products Ltd. Vs Commissioner of GST and Central Excise 𝗢𝗿𝗱𝗲𝗿 𝗗𝗮𝘁𝗲: 29 April 2024

📜 This ruling confirms the appellant's right to adjust the excess service tax paid on earlier invoices against future service tax liabilities. #CESTAT #ServiceTax #arr4nirc