CENVAT Credit: Unacknowledged Services Fail Utilization Test, Not Qualifying as Input or Exempted Services Under Tax Jurisdiction.

CENVAT credit - exempt service or not - Not unnaturally, such service, unacknowledgeable in the tax jurisdiction, fails the test of utilization in rendering of further service. These, therefore, cannot be ‘input services’ and the inclusive portion of ‘exempted services’ must be construed as referring to such and not to services that, though not yet, may still be subject to levy. .....

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