Issue : Whether proportionate credit attributable to exempted services will include total credit availed in a Financial year ? Held : No Brief Facts of the Case : Briefly stated the facts of the case are that the appellant are engaged in providing Information Technology and Software Services, Business Support Services, Works Contract Services etc. and discharging service tax on the same. They were paying service tax under reverse charge mechanism. During the course of audit of the records of the appellant, it was noticed by C&AG Audit team that during the period April 2012 to March 2016, the appellant had short reversed of service tax credit amounting to Rs.3,86,40,986/- in computing the amount required to be reversed under the provisions of Rule 6(3) of Cenvat Credit Rules, 20.......