https://www.taxtmi.com/caselaws?id=391285 The tribunal upheld the disallowance of CENVAT credit on agency commission for both trading goods and AMCs. The matter of proportionate amount of CENVAT credit on common input services was remanded for re-computation. Services covered by Rule 6(5) were deemed eligible for full CENVAT credit unless exclusively used for exempted services. Services rendered in Jammu & Kashmir were treated as exempted services. Trading was classified as an exempted service both before and after 01.04.2011. The case was remanded for re-determination of the amount of CENVAT credit to be reversed, interest, and penalty. en-us Tue, 21 Jan 2020 00:00:00 +0530 Fri, 24 Jan 2020 12:14:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391285 The tribunal upheld the disallowance of CENVAT credit on agency commission for both trading goods and AMCs. The matter of proportionate amount of CENVAT credit on common input services was remanded for re-computation. Services covered by Rule 6(5) were deemed eligible for full CENVAT credit unless exclusively used for exempted services. Services rendered in Jammu & Kashmir were treated as exempted services. Trading was classified as an exempted service both before and after 01.04.2011. The case was remanded for re-determination of the amount of CENVAT credit to be reversed, interest, and penalty. Case-Laws Service Tax Tue, 21 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391285