Exemption for examination-related services rejected where recipients were commercial entities; suppression sustained extended limitation and penalties...
CENVAT Credit - input service distribution - the credit if distributed by ISD if is found ineligible credit, the same can be reversed by the ISD itself. If the reversal is prior utilisation of credit, no question of interest and penalty at all arises.
CENVAT Credit - input service distribution - the credit if distributed by ISD if is found ineligible credit, the same can be reversed by the ISD itself. If the reversal is prior utilisation of credit, no question of interest and penalty at all arises.
Note: It is a system-generated summary and is for quick reference only.