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Service Tax - Highlights / Catch Notes

Home Highlights May 2018 Year 2018 This

Reduction of Credit to claim refund u/Rule 5 - The only amount ...

Case Laws     Service Tax

May 5, 2018

Reduction of Credit to claim refund u/Rule 5 - The only amount which can be reduced is the amount which is reversed in terms of Sub-rule (5C) of Rule 3 during the relevant period. Therefore no amount which was utilized for payment of service tax in respect of domestic provision of service from cenvat amount is required to be reversed as per formula. - AT

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