ISD Can Only Allocate CENVAT Credit to Own Unit, Not to Job Worker; Job Workers Can't Claim Credit from ISD Invoices.

ISD Can Only Allocate CENVAT Credit to Own Unit, Not to Job Worker; Job Workers Can't Claim Credit from ISD Invoices. https://www.taxtmi.com/highlights?id=44361 CENVAT Credit - input service distributor (IDS) - an ISD is authorized to distribute the Cenvat credit of service tax only to its own unit and not to the job worker - a job worker is not entitled to avail the credit on the basis of input invoices issued by the principal manufacturer as ISD en-us Fri, 08 Feb 2019 06:29:49 +0530 Fri, 08 Feb 2019 06:29:49 +0530 TaxTMI RSS Generator ISD Can Only Allocate CENVAT Credit to Own Unit, Not to Job Worker; Job Workers Can't Claim Credit from ISD Invoices. https://www.taxtmi.com/highlights?id=44361 CENVAT Credit - input service distributor (IDS) - an ISD is authorized to distribute the Cenvat credit of service tax only to its own unit and not to the job worker - a job worker is not entitled to avail the credit on the basis of input invoices issued by the principal manufacturer as ISD Highlights Central Excise Fri, 08 Feb 2019 06:29:49 +0530 https://www.taxtmi.com/highlights?id=44361