Reversal of proportionate credit - the services in advancing ...

Case Laws Service Tax

March 19, 2019

Reversal of proportionate credit - the services in advancing loans etc. are exempt. Therefore, the amount of interest earned in advancing of loans needs to be taken into consideration while determining the amount to be reversed in term of Rule 6(3A)(c) of the CENVAT Credit Rules, 2004.

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Reversal of proportionate credit - the services in advancing ...

Case Laws Service Tax

March 19, 2019

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