CENVAT Credit u/r 6(3): Improper Credit on Input Services for Trading and Leasing Activities Needs Further Examination.

CENVAT credit - Rule 6(3) - trading activity - leasing services - trading was not either the most reasonable conclusion was that credit could not have been taken at all – the issue as to whether any credit has been taken on any of the input service attributable to the impugned incomes needs to be examined - stay granted partly - AT .....

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