Utilization of excess CENVAT Credit - restriction on utilization ...

Excess CENVAT Credit Use Beyond 20% Limit Incurs Interest Liability, Not Full Denial of Service Tax Credit.

July 31, 2015

Case Laws Service Tax AT

Utilization of excess CENVAT Credit - restriction on utilization upto 20% - utilising the credit in excess of the limit would attract only interest liability. The entire service tax itself cannot be denied to the appellant - AT

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Utilization of excess CENVAT Credit - restriction on utilization ...

Excess CENVAT Credit Use Beyond 20% Limit Incurs Interest Liability, Not Full Denial of Service Tax Credit.

July 31, 2015

Case Laws Service Tax AT

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