Appellate Authority's CENVAT Credit Restriction Unsupported by Rule 7; Assessee May Distribute Credit Across Units.

Appellate Authority's CENVAT Credit Restriction Unsupported by Rule 7; Assessee May Distribute Credit Across Units. https://www.taxtmi.com/highlights?id=35330 Distribution of CENVAT credit - Input service - technical consultancy fee - denial on account of nexus - The finding recorded by the Appellate Authority that the assessee is entitled to take credit only in the unit where the product is manufactured is therefore not the mandate of Rule 7 of the Cenvat Credit Rules. en-us Thu, 22 Jun 2017 09:21:41 +0530 Thu, 22 Jun 2017 09:21:41 +0530 TaxTMI RSS Generator Appellate Authority's CENVAT Credit Restriction Unsupported by Rule 7; Assessee May Distribute Credit Across Units. https://www.taxtmi.com/highlights?id=35330 Distribution of CENVAT credit - Input service - technical consultancy fee - denial on account of nexus - The finding recorded by the Appellate Authority that the assessee is entitled to take credit only in the unit where the product is manufactured is therefore not the mandate of Rule 7 of the Cenvat Credit Rules. Highlights Central Excise Thu, 22 Jun 2017 09:21:41 +0530 https://www.taxtmi.com/highlights?id=35330