Seeks to amend CENVAT Credit Rules, 2004, so as to i. specify that the Cenvat credit of any duty specified in sub-rule (1) shall not be utilized for payment of the Swachh Bharat Cess. ii. allow credit of service tax paid on sale of dutiable goods on commission basis. - 02/2016 - Central Excise - Non Tariff
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Cenvat credit restrictions bar using specified duty credits for Swachh Bharat Cess and allow credit for commission sales services. The CENVAT Credit (Second Amendment) Rules, 2016 amend the CENVAT Credit Rules, 2004 by adding an Explanation in rule 2 to include services by way of sale of dutiable goods on commission basis as sales promotion, and by inserting a proviso in rule 3(4) that the CENVAT credit of any duty specified in sub-rule (1) shall not be utilised for payment of the Swachh Bharat Cess.
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.
Cenvat credit restrictions bar using specified duty credits for Swachh Bharat Cess and allow credit for commission sales services.
The CENVAT Credit (Second Amendment) Rules, 2016 amend the CENVAT Credit Rules, 2004 by adding an Explanation in rule 2 to include services by way of sale of dutiable goods on commission basis as sales promotion, and by inserting a proviso in rule 3(4) that the CENVAT credit of any duty specified in sub-rule (1) shall not be utilised for payment of the Swachh Bharat Cess.
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