TMI BlogCENVAT Credit Allowed on Input Services Despite Partial Payment Retention u/r 4(7) After Full Payment Completion (7.CENVAT Credit - input services - retention of part payment of input services - Rule 4 (7) of Cenvat Credit Rules - irrespective of retention, the amount was paid at the end of stipulated period after the completion of the project - Credit allowed. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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