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Service Tax - Highlights / Catch Notes

Home Highlights August 2020 Year 2020 This

Amnesty Scheme - SVLDRS - CENVAT Credit on input services - In ...


High Court Affirms SVLDRS Participants Retain Benefits on CENVAT Credit Usage Despite Designated Committee's Challenges.

August 31, 2020

Case Laws     Service Tax     HC

Amnesty Scheme - SVLDRS - CENVAT Credit on input services - In fact, in order to ensure that the Designated Committee does not dispute the tax through input credit, a specific clarification was issued in the Circular. This clarification was obviously to alleviate any doubts regarding the tax paid through input credit. If a declarant, on the basis of the clarification, chose to take advantage of the scheme and availed of the scheme, he cannot be deprived of this benefit conferred by the scheme, by the Designated Committee by taking a decision that the petitioner was not entitled to input credit. - HC

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