https://www.taxtmi.com/caselaws?id=355817 The Tribunal allowed the appeal, setting aside the order-in-appeal that demanded recovery of CENVAT credit on input services used for trading activities alongside manufacturing of dutiable goods. The Tribunal held that the credit availed on common input services for both activities could not be denied, emphasizing that trading activity was not exempted before a certain date. The decision emphasizes the relevance of regulatory timelines and legal precedents in interpreting tax laws and determining credit eligibility. en-us Fri, 01 Dec 2017 00:00:00 +0530 Tue, 20 Feb 2018 06:02:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355817 The Tribunal allowed the appeal, setting aside the order-in-appeal that demanded recovery of CENVAT credit on input services used for trading activities alongside manufacturing of dutiable goods. The Tribunal held that the credit availed on common input services for both activities could not be denied, emphasizing that trading activity was not exempted before a certain date. The decision emphasizes the relevance of regulatory timelines and legal precedents in interpreting tax laws and determining credit eligibility. Case-Laws Central Excise Fri, 01 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355817