https://www.taxtmi.com/caselaws?id=345298 The appeal of M/s PMT Machines Ltd was allowed, and the order disallowing the CENVAT credit utilization for renting out a portion of their premises was set aside. The High Court upheld the cross-utilization of credit on goods and services without restrictive provisions, emphasizing the validity of using credit from a common pool for various purposes without the need for separate accounts. The court relied on previous tribunal decisions and a circular from the Central Board of Excise & Customs to support their decision. en-us Wed, 31 May 2017 00:00:00 +0530 Sat, 15 Jul 2017 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345298 The appeal of M/s PMT Machines Ltd was allowed, and the order disallowing the CENVAT credit utilization for renting out a portion of their premises was set aside. The High Court upheld the cross-utilization of credit on goods and services without restrictive provisions, emphasizing the validity of using credit from a common pool for various purposes without the need for separate accounts. The court relied on previous tribunal decisions and a circular from the Central Board of Excise & Customs to support their decision. Case-Laws Service Tax Wed, 31 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345298