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Service Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

In view of lack of clarity on the inclusion of Trading Activity ...

Case Laws     Service Tax

May 21, 2016

In view of lack of clarity on the inclusion of Trading Activity under exempted service w.e.f. 1/4/2011, the appellant has shown a reasonable cause for non reversal of the Cenvat credit attributed to the trading activity. - Penalty waived - AT

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