CENVAT Credit Rules 2004: Input services excluded from output value not restricted by Rule 6; no exempt service consideration.

CENVAT Credit Rules 2004: Input services excluded from output value not restricted by Rule 6; no exempt service consideration. https://www.taxtmi.com/highlights?id=54548 CENVAT Credit - input services, value of which not included in value of output services - As the receipts excluded from computation of assessable value are not consideration for exempt services or may even lie outside the scope of inclusion as consideration, by being returnable to the policy holder, the disputed ‘input services’ does not come within the ambit of rule 6 of CENVAT Credit Rules, 2004. - AT en-us Mon, 31 Aug 2020 14:00:47 +0530 Mon, 31 Aug 2020 14:00:47 +0530 TaxTMI RSS Generator CENVAT Credit Rules 2004: Input services excluded from output value not restricted by Rule 6; no exempt service consideration. https://www.taxtmi.com/highlights?id=54548 CENVAT Credit - input services, value of which not included in value of output services - As the receipts excluded from computation of assessable value are not consideration for exempt services or may even lie outside the scope of inclusion as consideration, by being returnable to the policy holder, the disputed ‘input services’ does not come within the ambit of rule 6 of CENVAT Credit Rules, 2004. - AT Highlights Service Tax Mon, 31 Aug 2020 14:00:47 +0530 https://www.taxtmi.com/highlights?id=54548