cenvat credit on share basrd on turn over

[sarat sahoo]

Sir,

Cenvat credit can be availed on share of the manufacturing unit in total isd being distributed is based on turn over ratio.

AI Summary

Cenvat credit allocation: ISD mechanism allows distribution of input service credits to manufacturing units based on turnover ratio.
Cenvat credit on input services availed at Head Office, Regional Office, Depot or similar centralized units may be distributed to manufacturing units under the ISD mechanism. The attributable credit is commonly allocated among manufacturing units in proportion to their turnover, permitting distribution of input service credits based on a turnover ratio for shared service inputs.