https://www.taxtmi.com/caselaws?id=350459 The Tribunal allowed the appeal in a case concerning availing cenvat credit for common services used in manufacturing and trading activities. The appellants were found availing input credit for trading activities, treated as exempted services, leading to a show-cause notice for the period 2010-2015. The Tribunal held that the appellants had the freedom to choose from options under Rule 6(3) and that reversal of credit under Rule 6(3)(ii) was permissible. The case was remanded for verification of credit reversal calculations by the lower authorities. en-us Thu, 28 Sep 2017 00:00:00 +0530 Tue, 07 Nov 2017 06:45:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350459 The Tribunal allowed the appeal in a case concerning availing cenvat credit for common services used in manufacturing and trading activities. The appellants were found availing input credit for trading activities, treated as exempted services, leading to a show-cause notice for the period 2010-2015. The Tribunal held that the appellants had the freedom to choose from options under Rule 6(3) and that reversal of credit under Rule 6(3)(ii) was permissible. The case was remanded for verification of credit reversal calculations by the lower authorities. Case-Laws Central Excise Thu, 28 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350459