https://www.taxtmi.com/caselaws?id=368498 Common input services used for manufacture, trading and export were examined under Rule 6(3) of the Cenvat Credit Rules, where the dispute concerned whether the demand for trading-related credit should stand or whether proportionate reversal should be permitted. The assessee was willing to reverse the credit if the matter was remanded, and the Revenue did not object. The previous treatment of identical demands on the basis of proportionate reversal was noted, while the questions whether export constituted an exempted service and the limitation plea were left for reconsideration. The impugned order was set aside and the matter remanded to enable reversal of proportionate credit for input services used in trading. en-us Tue, 18 Sep 2018 00:00:00 +0530 Wed, 10 Oct 2018 09:07:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368498 Common input services used for manufacture, trading and export were examined under Rule 6(3) of the Cenvat Credit Rules, where the dispute concerned whether the demand for trading-related credit should stand or whether proportionate reversal should be permitted. The assessee was willing to reverse the credit if the matter was remanded, and the Revenue did not object. The previous treatment of identical demands on the basis of proportionate reversal was noted, while the questions whether export constituted an exempted service and the limitation plea were left for reconsideration. The impugned order was set aside and the matter remanded to enable reversal of proportionate credit for input services used in trading. Case-Laws Central Excise Tue, 18 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368498