https://www.taxtmi.com/highlights?id=45270 Reversal of proportionate credit - the services in advancing loans etc. are exempt. Therefore, the amount of interest earned in advancing of loans needs to be taken into consideration while determining the amount to be reversed in term of Rule 6(3A)(c) of the CENVAT Credit Rules, 2004. en-us Tue, 19 Mar 2019 10:06:06 +0530 Tue, 19 Mar 2019 10:06:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=45270 Reversal of proportionate credit - the services in advancing loans etc. are exempt. Therefore, the amount of interest earned in advancing of loans needs to be taken into consideration while determining the amount to be reversed in term of Rule 6(3A)(c) of the CENVAT Credit Rules, 2004. Highlights Service Tax Tue, 19 Mar 2019 10:06:06 +0530 https://www.taxtmi.com/highlights?id=45270