https://www.taxtmi.com/highlights?id=34030 Reversal of CENVAT credit - Rule 6(3A) of CCR - the value of exempted service was arrived at by the Original Authority as difference between sale price and cost of goods sold or 10% of the cost of goods sold whichever is more - in the absence of any other statutory formula to arrive at the quantum of Cenvat credit to be reversed on common input services, we find no impropriatory in the decision of the Original Authority - AT en-us Tue, 28 Mar 2017 09:34:36 +0530 Tue, 28 Mar 2017 09:34:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=34030 Reversal of CENVAT credit - Rule 6(3A) of CCR - the value of exempted service was arrived at by the Original Authority as difference between sale price and cost of goods sold or 10% of the cost of goods sold whichever is more - in the absence of any other statutory formula to arrive at the quantum of Cenvat credit to be reversed on common input services, we find no impropriatory in the decision of the Original Authority - AT Highlights Service Tax Tue, 28 Mar 2017 09:34:36 +0530 https://www.taxtmi.com/highlights?id=34030