Reversal of CENVAT credit - Rule 6 - providing taxable and ...

Assessee can't split accounts for common input services u/r 6, sub-rule (2) to bypass 20% credit limit.

September 13, 2017

Case Laws Service Tax AT

Reversal of CENVAT credit - Rule 6 - providing taxable and exempted services - the asssessee cannot choose to maintain separate account in respect of common input services under sub-rule (2) and, at the same time, follow sub-rule (3) in respect of a few of the common input services so that the bar of 20% utilisation of credit on final tax liability can be avoided. - It would be against the basic principle of CCR.

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Reversal of CENVAT credit - Rule 6 - providing taxable and ...

Assessee can't split accounts for common input services u/r 6, sub-rule (2) to bypass 20% credit limit.

September 13, 2017

Case Laws Service Tax AT

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