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Central Excise Notification 2/2016-CE (NT) dated 3rd Feb-2016

Central Excise - Started By: - Yogesh Panchal - Dated:- 17-2-2016 Last Replied Date:- 18-2-2016 - Dear Expert, Please guide us on above subject We have take service tax credit of manufacturing commission under category f Bushiness auxiliary service and not utilized but in respect of Notification No. 6/2015-CE (NT) Para No.7 (2) for purposes of sub-rule (1), then we have revert above disputed service tax credit under protest and on monthly basis we have take credit, do not utilized, revert under .....

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ble ? - Reply By KASTURI SETHI - The Reply = Sh.Yogesh Panchal Ji, Notification No.2/2016-CE(NT) dated 3.2.2016 is applicable prospectively and not retrospectively. - Reply By Rajagopalan Ranganathan - The Reply = Sir, Date of issue of Notification No. 2/2016-CE (NT) dated 03.02.2016. The notification states that the amendments proposed in the notification will come into effect from the date of publication of the notification in the Official Gazette. This Notification is prospective in effect. T .....

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