https://www.taxtmi.com/caselaws?id=358352 The tribunal ruled in favor of the appellant, determining that the recovery of CENVAT credit on services by a manufacturer engaged in trading activities was permissible under the law. The tribunal emphasized that the credit availed on inputs used for manufacturing or clearance as such was justified, rejecting the Revenue's appeal for lacking merit. The decision highlighted the distinction between trading and clearance of inputs, noting that the credit of duties/tax was inadmissible for trading activities under the CENVAT Credit Rules. en-us Fri, 17 Nov 2017 00:00:00 +0530 Mon, 18 Mar 2019 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358352 The tribunal ruled in favor of the appellant, determining that the recovery of CENVAT credit on services by a manufacturer engaged in trading activities was permissible under the law. The tribunal emphasized that the credit availed on inputs used for manufacturing or clearance as such was justified, rejecting the Revenue's appeal for lacking merit. The decision highlighted the distinction between trading and clearance of inputs, noting that the credit of duties/tax was inadmissible for trading activities under the CENVAT Credit Rules. Case-Laws Central Excise Fri, 17 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358352