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Service Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

CENVAT Credit - trading activities - common inputs used for ...


Court Rules CENVAT Credit Reversal Necessary for Common Inputs in Taxable Services and Trading Activities.

July 27, 2018

Case Laws     Service Tax     HC

CENVAT Credit - trading activities - common inputs used for providing taxable services as well as in trading activity - the assessee’s argument that there is no mechanism to reverse credit, once taken, in the opinion of this Court, cannot be accepted.

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