https://www.taxtmi.com/caselaws?id=270976 The appellant was found entitled to CENVAT credit for input services allocated to departments providing both taxable and exempted services based on turnover ratio. The Tribunal held that the appellant complied with Rule 6(2) of the CENVAT Credit Rules, 2004, and that the Revenue's disallowance of the entire credit allocated to the exempted service department was unreasonable. No penalty was imposed on the appellant, and the matter was remanded to the Adjudicating Authority for verification and mathematical accuracy of credit allocation. The appellant succeeded on the penalty issue and the merits of the case. en-us Fri, 08 Jan 2016 00:00:00 +0530 Fri, 22 Jan 2016 09:54:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270976 The appellant was found entitled to CENVAT credit for input services allocated to departments providing both taxable and exempted services based on turnover ratio. The Tribunal held that the appellant complied with Rule 6(2) of the CENVAT Credit Rules, 2004, and that the Revenue's disallowance of the entire credit allocated to the exempted service department was unreasonable. No penalty was imposed on the appellant, and the matter was remanded to the Adjudicating Authority for verification and mathematical accuracy of credit allocation. The appellant succeeded on the penalty issue and the merits of the case. Case-Laws Service Tax Fri, 08 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270976