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Service Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Cenvat Credit - Trading activity - trading became an exempted ...


Appellant's Trading Activities Before April 2011 May Violate Service Tax Rules on Cenvat Credit Reversal Obligations.

July 27, 2015

Case Laws     Service Tax     AT

Cenvat Credit - Trading activity - trading became an exempted service only after 1.4.2011 (deemed). Therefore during the relevant period, the appellant was required to reverse the proportionate credit - prima facie case is not in favor of assessee - AT

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