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Service Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

CENVAT Credit - During the period, the credit cannot be utilised ...

Case Laws     Service Tax

August 9, 2019

CENVAT Credit - During the period, the credit cannot be utilised in excess of 20% of the amount of service tax payable on taxable output services. Therefore, if service tax is paid utilising the CENVAT, it does not amount to paying service tax and service tax can be demanded.

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