Cenvat Credit can be utilized for payment of service tax on import of services

Paharpur Cooling Towers Ltd Vs Commissioner of Service Tax (CESTAT Kolkata) CESTAT Kolkata held that Cenvat Credit can be utilized for payment of service tax on ‘import of services’. Accordingly, duty demand denying the same is unsustainable. Facts- The Appellant are engaged in the manufacture of cooling towers and parts thereof at their factories located at various locations in India. A Show Cause Notice was issued to the Appellant demanding Service Tax of Rs. 58,52,901/- along with interest and penalty. The said Notice was adjudicated by the Commissioner vide impugned order, wherein the ...