CENVAT Credit Case: Minor Procedural Lapses in Rule 6 (3A) Not Enough to Deny Major Benefits to Appellant.

CENVAT Credit Case: Minor Procedural Lapses in Rule 6 (3A) Not Enough to Deny Major Benefits to Appellant. https://www.taxtmi.com/highlights?id=55039 CENVAT Credit - the Department has nowhere mentioned in entire proceedings that the amount of Cenvat credit reversed is not proportionate to the value of exempted services or not proper otherwise. The only ground that the appellant have not followed the laid down procedure of availing the option of Rule 6 (3A) like not declaring value of turnover of exempted services in their periodic service tax return etc. can be minor procedural lapses, but same cannot become ground for denying a substantial benefit to the appellant. - AT en-us Wed, 07 Oct 2020 10:50:32 +0530 Wed, 07 Oct 2020 10:50:32 +0530 TaxTMI RSS Generator CENVAT Credit Case: Minor Procedural Lapses in Rule 6 (3A) Not Enough to Deny Major Benefits to Appellant. https://www.taxtmi.com/highlights?id=55039 CENVAT Credit - the Department has nowhere mentioned in entire proceedings that the amount of Cenvat credit reversed is not proportionate to the value of exempted services or not proper otherwise. The only ground that the appellant have not followed the laid down procedure of availing the option of Rule 6 (3A) like not declaring value of turnover of exempted services in their periodic service tax return etc. can be minor procedural lapses, but same cannot become ground for denying a substantial benefit to the appellant. - AT Highlights Service Tax Wed, 07 Oct 2020 10:50:32 +0530 https://www.taxtmi.com/highlights?id=55039