Reversal of CENVAT Credit - The formula prescribed in Rule 6(3A) ...

Rule 6(3A) CENVAT Credit Reversal: Only Wholly Exempt Services Count, Partial Exemptions Excluded.

February 25, 2019

Case Laws Service Tax AT

Reversal of CENVAT Credit - The formula prescribed in Rule 6(3A) also uses the word “exempted services” and is not qualified by saying exempted services as well as that part of the services which are exempted. Therefore, for applying the formula, only those services which are wholly exempted from service tax can be included to indicate the value of exempted services.

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Reversal of CENVAT Credit - The formula prescribed in Rule 6(3A) ...

Rule 6(3A) CENVAT Credit Reversal: Only Wholly Exempt Services Count, Partial Exemptions Excluded.

February 25, 2019

Case Laws Service Tax AT

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