https://www.taxtmi.com/forum/issue?id=292 When eligible capital goods are used to provide both exempt and taxable services, the Cenvat Credit on those goods is available in full by a phased adjustment-part of the duty is taken in the first year and the balance in subsequent year(s)-so that the entire duty attributable to the capital goods is eventually credited. en-us Tue, 05 Dec 2006 12:40:29 +0530 Thu, 23 Jan 2025 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=292 When eligible capital goods are used to provide both exempt and taxable services, the Cenvat Credit on those goods is available in full by a phased adjustment-part of the duty is taken in the first year and the balance in subsequent year(s)-so that the entire duty attributable to the capital goods is eventually credited. Discussion-Forum Service Tax Tue, 05 Dec 2006 12:40:29 +0530 https://www.taxtmi.com/forum/issue?id=292