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Service Tax - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Reversal of Cenvat Credit - Input Services - the learned ...

Case Laws     Service Tax

July 1, 2020

Reversal of Cenvat Credit - Input Services - the learned Commissioner has erred in holding that banking and financial services, credit rating services are not used for providing output services; such services are required to raise funds, which is essential to carry out the business of the appellant and hence the same is held to be eligible service.

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