https://www.taxtmi.com/forum/issue?id=109488 CENVAT credit may be utilised across duties and services and a strict one to one correlation between input services and outputs is not required; utilisation must, however, have a nexus with the output service or product. Separate records of receipt and consumption of input services are required under the CENVAT rules, and while no separate monthly return to the service tax authority is mandated, an extract of the credit account should be furnished with periodical returns or maintained for compliance. en-us Sat, 05 Dec 2015 13:57:42 +0530 Thu, 23 Jan 2025 15:56:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109488 CENVAT credit may be utilised across duties and services and a strict one to one correlation between input services and outputs is not required; utilisation must, however, have a nexus with the output service or product. Separate records of receipt and consumption of input services are required under the CENVAT rules, and while no separate monthly return to the service tax authority is mandated, an extract of the credit account should be furnished with periodical returns or maintained for compliance. Discussion-Forum Service Tax Sat, 05 Dec 2015 13:57:42 +0530 https://www.taxtmi.com/forum/issue?id=109488