https://www.taxtmi.com/highlights?id=55989 Reversal of CENVAT Credit - When the mistake was pointed, the appellant reversed the proportionate common credit taken on input services used in the provision of exempt services. Therefore, Rule 6(3) (i) will not have any application, when a credit is taken wrongly and the same is reversed as it tantamount to nonavailment of the credit. - AT en-us Tue, 22 Dec 2020 14:09:11 +0530 Tue, 22 Dec 2020 14:09:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55989 Reversal of CENVAT Credit - When the mistake was pointed, the appellant reversed the proportionate common credit taken on input services used in the provision of exempt services. Therefore, Rule 6(3) (i) will not have any application, when a credit is taken wrongly and the same is reversed as it tantamount to nonavailment of the credit. - AT Highlights Service Tax Tue, 22 Dec 2020 14:09:11 +0530 https://www.taxtmi.com/highlights?id=55989