https://www.taxtmi.com/forum/issue?id=3159 The department alleges that input service credit on Goods Transport Agency services was availed in relation to powder coal cleared and sold, and consequently seeks recovery equal to the equivalent CENVAT credit (treated as 10% of value) for the period; advisory responses recommend immediate payment or reversal of the equivalent CENVAT credit with applicable interest because such credit should not have been claimed in relation to exempt or subsequently dutiable clearances. en-us Sat, 09 Jul 2011 08:45:17 +0530 Thu, 23 Jan 2025 15:58:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3159 The department alleges that input service credit on Goods Transport Agency services was availed in relation to powder coal cleared and sold, and consequently seeks recovery equal to the equivalent CENVAT credit (treated as 10% of value) for the period; advisory responses recommend immediate payment or reversal of the equivalent CENVAT credit with applicable interest because such credit should not have been claimed in relation to exempt or subsequently dutiable clearances. Discussion-Forum Service Tax Sat, 09 Jul 2011 08:45:17 +0530 https://www.taxtmi.com/forum/issue?id=3159