Duty drawback – Reversal of Cenvat credit, taken on input ...

Reversing Cenvat credit on input services before use equals not taking it, allowing full 14.8% duty drawback.

September 17, 2015

Case Laws Customs CGOVT

Duty drawback – Reversal of Cenvat credit, taken on input services, before utilization amounts to non-taking of credit that such reversal can be done subsequent to export of goods - drawback allowed @14.8 without reducing 3% - CGOVT

View Source

← Previous Next →

Duty drawback – Reversal of Cenvat credit, taken on input ...

Reversing Cenvat credit on input services before use equals not taking it, allowing full 14.8% duty drawback.

September 17, 2015

Case Laws Customs CGOVT

You may also like:

The appellant was denied CENVAT credit on the allegation that the sender units inflated the value of Soap Noodles stock transferred to the appellant, leading to excess...

Cenvat Credit - Input services - export of goods - CHA service - rent-a-cab service - credit allowed - AT

The Tribunal allowed the appeal filed by the appellant and set aside the impugned order disallowing CENVAT credit taken on input services used in BTS (Base Transceiver...

CENVAT credit - input service - Business Auxiliary Service relating to sales commission - credit allowed - AT

Cenvat Credit - input services - Management Consultancy Services - nexus with manufacturing activity established - credit allowed - HC

Cenvat Credit - input services - services of empty containers sent back to the yard - credit allowed - AT

Cenvat Credit - Input Services - commission agent service - nexus with manufacturing - credit allowed - AT

Removal of Inputs as such – no need to reverse Cenvat credit availed on Input Services

CENVAT Credit - The input service credit cannot be denied on the ground that it is shown in the ER1 return instead of the ST3 returns since the cross utilization of...

CENVAT credit - input services - the input services have suffered service tax and CENVAT credit can be taken by the appellant and the registration is not a mandatory...

Cenvat Credit - appellants are entitled for input service credit on real estate agent - Credit allowed - AT

Eligibility of claiming CENVAT credit for service tax paid on renting immovable property services. The lower authority denied the credit, considering it as a service...

Reversal of CENVAT Credit - clearance of inputs as such - The appellant is not required to reverse the credit on input services that was taken along with duty paid on such inputs.

Cenvat Credit - Input services - prior to date of registration - export of services - refund allowed - AT

Input Services - Cenvat credit in respect of insurance service of factory premises allowed - AT

Quick Updates: