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Service Tax - Highlights / Catch Notes

Home Highlights November 2011 Year 2011 This

Reversal of Cenvat Credit - Taxable and Exempted services ...

Case Laws     Service Tax

November 14, 2011

Reversal of Cenvat Credit - Taxable and Exempted services provided by SBI - Rule 6(3)(c) of the Cenvat Credit Rules, 2004 - The provisions of the Rule restricting utilization of credit to the extent of 20% of the tax payable is a very clear cut provision and the concerned branch of the SBI was required to follow the same.... - AT

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