Benefit of N/N. 12/03 - reduction of the cost of materials for ...
Service Tax Liability: Material Cost Reduction Under Notification No. 12/03, Credit Restriction Not Applicable to Capital Goods.
June 6, 2018
Case Laws Service Tax AT
Benefit of N/N. 12/03 - reduction of the cost of materials for arriving at the value of such service tax liability - the restriction is for non-availment of credit of duty paid on goods and materials sold and not on the capital goods.
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