Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2018 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (10) TMI 463 - AT - Central ExciseCENVAT Credit - common Cenvatable input services used for dutiable as also exempted activities - various services stands used also for export and trading activities - Rule 6(3) of the Cenvat Credit Rules - Held that:- There is no dispute about the fact that the appellant have reversed the Cenvat credit proportionate to the common input services relatable to dutiable as also exempted services. Such reversal entries do not stand disputed by the authorities below. The confirmation of demand in terms of the provisions of Rule 6(3)(i) is neither justified nor warranted inasmuch as reversal of credit amounts to a situation as if no credit was ever availed by the assessee. Appeal allowed - decided in favor of appellant.
|