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Service Tax - Highlights / Catch Notes

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CENVAT credit - common services used for taxable as well as ...


Assessee Can Reverse Proportionate CENVAT Credit for Common Services; Demand u/r 6(3)(i) Not Valid.

March 8, 2018

Case Laws     Service Tax     AT

CENVAT credit - common services used for taxable as well as exempted service - The option was available to the assessee to reverse the proportionate credit under Rule 6(3) (ii) in terms of Rule 6(3A) of Cenvat Credit Rules, 2004. Accordingly, the demand of 8%/6% in terms of Rule 6(3) (i) cannot be sustained. - AT

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