Restriction on Cenvat credit applies to input services for capital goods where both taxable and exempt outputs are supplied. Clarification that the Cenvat credit restriction applies to credit on all inputs and input services, including those related to capital goods; the limitation is applicable where a manufacturer or service provider furnishes both taxable and exempted outputs, and thus service tax on input services for capital goods is not exempt from the Rule 6 restriction.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Restriction on Cenvat credit applies to input services for capital goods where both taxable and exempt outputs are supplied.
Clarification that the Cenvat credit restriction applies to credit on all inputs and input services, including those related to capital goods; the limitation is applicable where a manufacturer or service provider furnishes both taxable and exempted outputs, and thus service tax on input services for capital goods is not exempt from the Rule 6 restriction.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
