https://www.taxtmi.com/caselaws?id=351512 The Tribunal upheld the impugned order in a case involving the availing of credit on common input services without separate accounts. The respondent had reversed the proportionate credit and communicated this to the department. The Tribunal clarified that no credit could be availed on input services related to trading during the relevant period. It was held that the Commissioner could not insist on reversing CENVAT credit if the assessee had chosen a different option. The department's appeal was dismissed, and the matter was remanded for verification of credit reversal compliance. en-us Tue, 14 Nov 2017 00:00:00 +0530 Mon, 27 Nov 2017 07:48:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351512 The Tribunal upheld the impugned order in a case involving the availing of credit on common input services without separate accounts. The respondent had reversed the proportionate credit and communicated this to the department. The Tribunal clarified that no credit could be availed on input services related to trading during the relevant period. It was held that the Commissioner could not insist on reversing CENVAT credit if the assessee had chosen a different option. The department's appeal was dismissed, and the matter was remanded for verification of credit reversal compliance. Case-Laws Central Excise Tue, 14 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351512