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Service Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Demand of Service tax at the rate of 6%/8% of the value of ...


Challenge to 6% or 8% Service Tax on Exempted Goods Based on Rule 6(3A); Reversal of Cenvat Credit Key.

March 26, 2016

Case Laws     Service Tax     AT

Demand of Service tax at the rate of 6%/8% of the value of exempted goods - As per Sub-Rule (3A) of Rule 6(3), the Cenvat Credit required to be reversed is as per the formula prescribed. Here, as the appellant have reversed the entire credit availed on common input service, the demand of 6%/8% of the value of exempted goods is not sustainable. - AT

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