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Service Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Though the assessee is entitled to cenvat credit of 50% on the ...

Case Laws     Service Tax

July 6, 2018

Though the assessee is entitled to cenvat credit of 50% on the capital goods in the year of receipt/ balance 50% is available to them in subsequent year. Availing credit @ 100% on some invoices and not availing any credit in respect of other invoices in the same year cannot be appreciated.

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