<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Error in Refund Calculation: Incorrect Deduction of Credit for Domestic Taxes Affects Net CENVAT Credit u/r 5.</title>
    <link>https://www.taxtmi.com/highlights?id=65318</link>
    <description>Refund claim - quantification of credit by formula as prescribed by Notification No.05/2006 - the lower authorities have been in error while deducting the amount of the credit that would have been utilized for payment of the taxes/duties in respect of the domestic clearances from the total CENVAT Credit taken while determining the Net CENVAT Credit for application of formula as per Rule 5. - AT</description>
    <language>en-us</language>
    <pubDate>Mon, 29 Aug 2022 08:30:24 +0530</pubDate>
    <lastBuildDate>Mon, 29 Aug 2022 08:30:24 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=689081" rel="self" type="application/rss+xml"/>
    <item>
      <title>Error in Refund Calculation: Incorrect Deduction of Credit for Domestic Taxes Affects Net CENVAT Credit u/r 5.</title>
      <link>https://www.taxtmi.com/highlights?id=65318</link>
      <description>Refund claim - quantification of credit by formula as prescribed by Notification No.05/2006 - the lower authorities have been in error while deducting the amount of the credit that would have been utilized for payment of the taxes/duties in respect of the domestic clearances from the total CENVAT Credit taken while determining the Net CENVAT Credit for application of formula as per Rule 5. - AT</description>
      <category>Highlights</category>
      <law>Service Tax</law>
      <pubDate>Mon, 29 Aug 2022 08:30:24 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=65318</guid>
    </item>
  </channel>
</rss>