https://www.taxtmi.com/forum/issue?id=106464 CENVAT credit on capital goods and inputs originally used to provide taxable services was availed; after three years those capital goods were let out on rent and service tax charged on the rent. The audit asserts input credit is disallowed to the service provider and that a portion of capital goods credit must be reversed by cash on change of use. No sale or transfer occurred, so transfer provisions do not apply; reversal rules for change of use govern recovery of the balance credit. en-us Sat, 25 Jan 2014 09:42:04 +0530 Thu, 23 Jan 2025 15:57:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106464 CENVAT credit on capital goods and inputs originally used to provide taxable services was availed; after three years those capital goods were let out on rent and service tax charged on the rent. The audit asserts input credit is disallowed to the service provider and that a portion of capital goods credit must be reversed by cash on change of use. No sale or transfer occurred, so transfer provisions do not apply; reversal rules for change of use govern recovery of the balance credit. Discussion-Forum Central Excise Sat, 25 Jan 2014 09:42:04 +0530 https://www.taxtmi.com/forum/issue?id=106464