Home Case Index All Cases Service Tax Service Tax + AT Service Tax - 2017 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (5) TMI 1394 - AT - Service TaxCENVAT credit - Rule 6(3) of the CCR, 2004 - non-maintenance of separate books of accounts for trading as well as exempted goods - Held that: - The Original Authority held that the respondent is liable to follow one of the two options in terms of Rule 6(3) of CCR, 2004. The respondent followed second option and reversed the proportionate credit attributable to the exempted service, along with interest for delayed reversal of such credit - there is no reason to insist at the respondent should necessarily follow the first option of paying 6% of the value of exempted service - appeal dismissed - decided against Revenue.
|