https://www.taxtmi.com/caselaws?id=360631 The Appellate Tribunal upheld the rejection of the appellant's appeal by the Commissioner (Appeals) regarding the utilization of common input services for manufacturing and trading activities. The Tribunal supported the invocation of the extended period of limitation, emphasizing the retrospective application of amendments to the input service definition. It was ruled that trading activities constituted exempted services, necessitating a proportionate reversal of CENVAT credit. The appeal was dismissed, highlighting the significance of compliance with regulations governing credit utilization in manufacturing and trading operations. en-us Tue, 10 Apr 2018 00:00:00 +0530 Sat, 19 May 2018 18:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360631 The Appellate Tribunal upheld the rejection of the appellant's appeal by the Commissioner (Appeals) regarding the utilization of common input services for manufacturing and trading activities. The Tribunal supported the invocation of the extended period of limitation, emphasizing the retrospective application of amendments to the input service definition. It was ruled that trading activities constituted exempted services, necessitating a proportionate reversal of CENVAT credit. The appeal was dismissed, highlighting the significance of compliance with regulations governing credit utilization in manufacturing and trading operations. Case-Laws Central Excise Tue, 10 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360631