Appellant Entitled to Full CENVAT Credit on Service Tax Paid by Contractor; No Proportionate Denial Without VAT Refund.

Appellant Entitled to Full CENVAT Credit on Service Tax Paid by Contractor; No Proportionate Denial Without VAT Refund. https://www.taxtmi.com/highlights?id=63373 Wrongful availment of CENVAT Credit or not - inclusive of service tax contract - appellant shall be entitled to take Cenvat Credit on the amount of service tax paid by the contractor. Since the service tax has already been paid on the gross value /the total value, appellant cannot be denied availment of credit proportionate to the said value till the occasion arises for refund of the said service tax on the ground that the gross value on which the service tax was paid was inclusive of VAT. - AT en-us Wed, 11 May 2022 11:52:48 +0530 Wed, 11 May 2022 11:52:48 +0530 TaxTMI RSS Generator Appellant Entitled to Full CENVAT Credit on Service Tax Paid by Contractor; No Proportionate Denial Without VAT Refund. https://www.taxtmi.com/highlights?id=63373 Wrongful availment of CENVAT Credit or not - inclusive of service tax contract - appellant shall be entitled to take Cenvat Credit on the amount of service tax paid by the contractor. Since the service tax has already been paid on the gross value /the total value, appellant cannot be denied availment of credit proportionate to the said value till the occasion arises for refund of the said service tax on the ground that the gross value on which the service tax was paid was inclusive of VAT. - AT Highlights Service Tax Wed, 11 May 2022 11:52:48 +0530 https://www.taxtmi.com/highlights?id=63373