https://www.taxtmi.com/forum/issue?id=111312 Whether income from sale of carbon credit certificates must be included in total turnover for calculation of cenvat credit proportionate reversal is queried. The taxpayer contends such receipts are neither manufacture, service nor trading and thus should be excluded. The respondent requests clarification on use of duty-paid inputs/input services and views the transaction as a sale of a commodity attracting value added taxation. en-us Tue, 03 Jan 2017 15:06:14 +0530 Thu, 23 Jan 2025 15:56:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111312 Whether income from sale of carbon credit certificates must be included in total turnover for calculation of cenvat credit proportionate reversal is queried. The taxpayer contends such receipts are neither manufacture, service nor trading and thus should be excluded. The respondent requests clarification on use of duty-paid inputs/input services and views the transaction as a sale of a commodity attracting value added taxation. Discussion-Forum Central Excise Tue, 03 Jan 2017 15:06:14 +0530 https://www.taxtmi.com/forum/issue?id=111312