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Central Excise - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

CENVAT credit - input services - renting of immovable property - ...


CENVAT Credit on Input Services for Trading Activities in Rented Premises Challenges Revenue Neutrality.

December 8, 2017

Case Laws     Central Excise     AT

CENVAT credit - input services - renting of immovable property - if a premises is only used for trading activities then the distribution of credit exclusively attributable to such unit will result in revenue loss to the Government. Thus, apparently there is no revenue neutrality in the instant case. - AT

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