Monday 26 August 2013

Cenvat credit can't be denied if tax paid on non-taxable service exceeds credit taken

ST: Even if a service provided is not taxable, if assessee has paid tax thereon, which is more than Cenvat credit availed, payment of tax must be treated as reversal of Cenvat credit and department cannot seek reversal of Cenvat credit again


No comments:

Post a Comment