CENVAT Credit Allowed on Exercise Equipment Used for Taxable Services, Regardless of Initial Capital Goods Classification.

CENVAT Credit Allowed on Exercise Equipment Used for Taxable Services, Regardless of Initial Capital Goods Classification. https://www.taxtmi.com/highlights?id=34369 CENVAT credit - 'exercise equipment' is, indeed, utilised as input for rendering taxable service and that the duty paid on this equipment is permissible as CENVAT credit, irrespective of whether it was initially claimed as 'capital goods.' - AT en-us Mon, 17 Apr 2017 08:52:59 +0530 Mon, 17 Apr 2017 08:52:59 +0530 TaxTMI RSS Generator CENVAT Credit Allowed on Exercise Equipment Used for Taxable Services, Regardless of Initial Capital Goods Classification. https://www.taxtmi.com/highlights?id=34369 CENVAT credit - 'exercise equipment' is, indeed, utilised as input for rendering taxable service and that the duty paid on this equipment is permissible as CENVAT credit, irrespective of whether it was initially claimed as 'capital goods.' - AT Highlights Service Tax Mon, 17 Apr 2017 08:52:59 +0530 https://www.taxtmi.com/highlights?id=34369