https://www.taxtmi.com/caselaws?id=361753 The Tribunal allowed the applications for Rectification of Mistakes filed by M/s. SKF India Ltd. regarding an order dated 05.12.2017. The Tribunal found that the original order did not adequately address the applicability of Rule 7 of the Cenvat Credit Rules. After rectification, the revised order highlighted the reversal of cenvat credit related to trading activities and specified that the credit of service tax on certain services fell under Rule 7(c) of the Cenvat Credit Rules. The appeal was remanded for reevaluation, ultimately allowing the Rectification of Mistake applications as per the specified terms. en-us Tue, 08 May 2018 00:00:00 +0530 Thu, 14 Jun 2018 06:49:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361753 The Tribunal allowed the applications for Rectification of Mistakes filed by M/s. SKF India Ltd. regarding an order dated 05.12.2017. The Tribunal found that the original order did not adequately address the applicability of Rule 7 of the Cenvat Credit Rules. After rectification, the revised order highlighted the reversal of cenvat credit related to trading activities and specified that the credit of service tax on certain services fell under Rule 7(c) of the Cenvat Credit Rules. The appeal was remanded for reevaluation, ultimately allowing the Rectification of Mistake applications as per the specified terms. Case-Laws Central Excise Tue, 08 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361753