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Reversal of Cenvat credit under rule 6(3A) of Cenvat credit rules 2004 2/3

Service Tax - Started By: - satish kumar - Dated:- 29-4-2016 Last Replied Date:- 30-4-2016 - Assessee B provides following services: Taxable Service - Supply of food in Restaurant B pays service tax @ 40% of amount billed/ received from customers after availing abatement of 60% Exempt Service - Interest from bank B receives interest from bank on fixed deposits B avails CENVAT credit on common services used for providing abovementioned taxable and exempt services. Hence, B needs to reverse propor .....

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