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Service Tax - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Principle of seperate purposes - CENVAT credit - Under any ...


CENVAT Credit Restriction: Invoices Must Match Individual Names; Separate Entities Can't Claim Joint Credit Benefits.

December 5, 2016

Case Laws     Service Tax     AT

Principle of seperate purposes - CENVAT credit - Under any circumstances an individual cannot avail CENVAT credit on the basis of invoices which is not in his name - For registration sake all individual appellants are separate entities but only for availing CENVAT credit they are joint entity. This type of change of principle for separate purposes is not justified. - AT

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