https://www.taxtmi.com/forum/issue?id=110091 Cenvat credit on lease service tax for unit II was availed in unit I; audit required reversal with interest on grounds that credit must be taken in the unit where the service was consumed. Advisers concur the audit position is credible and, because unit II has been closed and its registration surrendered, the reversed credit is likely to lapse. Options are limited: accept reversal if immaterial, or pursue legal challenge or a refund claim if the amount is substantial, recognising procedural obstacles due to the unit's closure. en-us Sat, 26 Mar 2016 19:48:10 +0530 Thu, 23 Jan 2025 15:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110091 Cenvat credit on lease service tax for unit II was availed in unit I; audit required reversal with interest on grounds that credit must be taken in the unit where the service was consumed. Advisers concur the audit position is credible and, because unit II has been closed and its registration surrendered, the reversed credit is likely to lapse. Options are limited: accept reversal if immaterial, or pursue legal challenge or a refund claim if the amount is substantial, recognising procedural obstacles due to the unit's closure. Discussion-Forum Central Excise Sat, 26 Mar 2016 19:48:10 +0530 https://www.taxtmi.com/forum/issue?id=110091