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Service Tax - Highlights / Catch Notes

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Reversal of CENVAT Credit - common input services - trading ...


CENVAT Credit Reversal for Common Input Services in Trading Activities Deemed Incorrect; Thane Unit's Action Unsustainable.

April 22, 2020

Case Laws     Service Tax     AT

Reversal of CENVAT Credit - common input services - trading activity - Credit taken on the basis of invoice issued by ISD / Head office - directing the Thane unit to reverse the proportionate credit attributable to trading activity of other two unit would be incorrect and cannot be sustained in law. - AT

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