https://www.taxtmi.com/caselaws?id=376130 The Tribunal allowed the appeals and set aside the order denying cenvat credit on common services for trading activities. It was deemed unnecessary to demand reversal of cenvat credit for the period before April 2011, as trading activity was not considered an exempt service during that time. For the period after April 2011, where the appellant was already reversing cenvat credit for trading activity, no further reversal was required. The decision clarified the application of cenvat credit rules for common services in trading activities pre and post April 2011, considering conflicting judicial interpretations during those periods. en-us Fri, 25 Jan 2019 00:00:00 +0530 Mon, 04 Mar 2019 07:42:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376130 The Tribunal allowed the appeals and set aside the order denying cenvat credit on common services for trading activities. It was deemed unnecessary to demand reversal of cenvat credit for the period before April 2011, as trading activity was not considered an exempt service during that time. For the period after April 2011, where the appellant was already reversing cenvat credit for trading activity, no further reversal was required. The decision clarified the application of cenvat credit rules for common services in trading activities pre and post April 2011, considering conflicting judicial interpretations during those periods. Case-Laws Service Tax Fri, 25 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376130