TMI BlogService Tax Credit Reversal Before Utilization Negates Interest Demand in Mixed Goods Manufacturing Case.Admissibility of credit of service tax paid on input service used in the manufacture of exempted as well as dutiable goods - as the credit has been reversed before utilization, the demand of interest is unsustainable. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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