https://www.taxtmi.com/caselaws?id=421815 Turnover-based pro rata distribution of input service credit by a principal manufacturer to its contract manufacturing units was treated as permissible under Rule 7(d) of the CENVAT Credit Rules, 2004. The Tribunal noted that the assessee manufactured biscuits exclusively for the principal manufacturer, inputs were routed through the principal, and the credit was linked to duty paid on the finished goods. It followed the settled Larger Bench view, finding no distinguishing facts to depart from that position. On that basis, the assessee was entitled to avail the CENVAT credit and the credit demand could not be sustained. en-us Tue, 19 Apr 2022 00:00:00 +0530 Tue, 03 May 2022 08:21:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421815 Turnover-based pro rata distribution of input service credit by a principal manufacturer to its contract manufacturing units was treated as permissible under Rule 7(d) of the CENVAT Credit Rules, 2004. The Tribunal noted that the assessee manufactured biscuits exclusively for the principal manufacturer, inputs were routed through the principal, and the credit was linked to duty paid on the finished goods. It followed the settled Larger Bench view, finding no distinguishing facts to depart from that position. On that basis, the assessee was entitled to avail the CENVAT credit and the credit demand could not be sustained. Case-Laws Central Excise Tue, 19 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421815