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Service Tax - Highlights / Catch Notes

Home Highlights April 2017 Year 2017 This

CENVAT credit - 'exercise equipment' is, indeed, utilised as ...


CENVAT Credit Allowed on Exercise Equipment Used for Taxable Services, Regardless of Initial Capital Goods Classification.

April 17, 2017

Case Laws     Service Tax     AT

CENVAT credit - 'exercise equipment' is, indeed, utilised as input for rendering taxable service and that the duty paid on this equipment is permissible as CENVAT credit, irrespective of whether it was initially claimed as 'capital goods.' - AT

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