foreign origin
goods remained investigated.
23 C/10964,10975/2025-SM
• REVERSE ENGINEERING OF CDR THEORY- ASSUMED PROBABILITY IS
NOT AN EXCUSE FOR ABSENCE
excess quantity of inputs. This amount of Rs. 1,02,938/- was reversed in RG 23 Part II entry no. 328 dated 27.01.2006, and intimated ... manufacture of the cable is by trial and error by doing reverse engineering and process goes on until the desired product is obtained. The materials
also supported by the fact that two buyers M/s.Punjab Engineering Works reversed the Cenvat credit of Rs.53,682/- along with interest
Vijaya Engineering Works. The original authority dropped proceedings in respect of an amount of Rs.64,57,60,966/-. The appellant had already reversed credit ... which was reversed by them before utilization. The issue is settled in the cases of Bill Forge (P) Ltd. case and Strategic Engineering
credit taken was reversed very soon on coming to know of the mistake. As the credit taken was reversed before utilization, no interest is payable ... Strategic Engineering (P) Ltd. case.
13. From the foregoing, I hold that interest is not chargeable on the credit wrongly taken which was reversed before
ground that the appellant being recipient of consulting engineering service, by virtue of reverse charge mechanism, appellant is liable to pay the service
Tribunal in the case of Josts Engineering (supra) relied upon by the appellant held that reversal of credit by the assessee on the entire ... ruling of the Josts Engineering (supra) in similar circumstances taking into consideration the reversal of whole of the credit of common input service, proper
consulting engineering service from M/s. M/s.Samsung Corning Co. Ltd., Korea and they are liable to pay service tax on reverse charge basis ... appellant were consulting engineering services or IPR services, we find that the service tax stands confirmed against appellant on reverse charge basis, for the period
been imposed on royalty payment under Consulting Engineering Service with effect from 18.4.2006 on reverse charge mechanism. The Honble Supreme Court in the case
same was rectified by passing
reversal entry in FY 20 11-12; the above fact has been certified by
Chartered Accountant certificate dated ... when
credit availed is reversed without utilization, and appellant's reliance
on the case of M/s. Strategic Engineering (P) Ltd. 2014-TIOL466
