Contact us   Feedback   Annual Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2015 (12) TMI 750 - CESTAT AHMEDABAD

2015 (12) TMI 750 - CESTAT AHMEDABAD - TMI - Denial of CENVAT Credit - whether the ISD may distribute the CENVAT Credit to any other units equally to all the units, in any proportion to all the units or proportionate to the input service consumed by the unit - Held that:- Commissioner (Appeals), following the decision of the Tribunal in the case of ECOF Industries Pvt.Ltd. Vs CCE Bangalore - [2009 (10) TMI 171 - CESTAT, BANGALORE] decided the issue in favour of the Respondent. It is seen that th .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

s to whether the ISD may distribute the CENVAT Credit to any other units equally to all the units, in any proportion to all the units or proportionate to the input service consumed by the unit. 2. The learned Authorised Representative for the Revenue submits that the issue in this case is the Respondents has availed the CENVAT Credit of Service Tax paid on the services which were not utilized by the Respondent unit. The learned Authorised Representative for the Revenue reiterates the grounds of .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

rificatory Circular dt.23.08.2007 clearly shows that there are only two restrictions regarding the distribution of the credit. The first restriction is that the credit should not exceed the amount of Service Tax paid. The second restriction is that the credit should not be attributable to services used in manufacture of exempted goods or providing of exempted services. There are no other restrictions under the rules. The restrictions sought to be applied by the Department in this case in limitin .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version