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    <title>Assessee Can Reverse Proportionate CENVAT Credit for Common Services; Demand u/r 6(3)(i) Not Valid.</title>
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    <description>CENVAT credit - common services used for taxable as well as exempted service - The option was available to the assessee to reverse the proportionate credit under Rule 6(3) (ii) in terms of Rule 6(3A) of Cenvat Credit Rules, 2004. Accordingly, the demand of 8%/6% in terms of Rule 6(3) (i) cannot be sustained. - AT</description>
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      <title>Assessee Can Reverse Proportionate CENVAT Credit for Common Services; Demand u/r 6(3)(i) Not Valid.</title>
      <link>https://www.taxtmi.com/highlights?id=38248</link>
      <description>CENVAT credit - common services used for taxable as well as exempted service - The option was available to the assessee to reverse the proportionate credit under Rule 6(3) (ii) in terms of Rule 6(3A) of Cenvat Credit Rules, 2004. Accordingly, the demand of 8%/6% in terms of Rule 6(3) (i) cannot be sustained. - AT</description>
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      <pubDate>Thu, 08 Mar 2018 12:01:33 +0530</pubDate>
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