https://www.taxtmi.com/highlights?id=66125 Reversal of CENVAT Credit - trading activity - exempted service or not - in either of the two options given in sub-rule (3) of Rule 6, there is no provisions that if the assessee does not opt any of the option at a particular time, then option of payment of 5% or 6% will automatically be applied. - AT en-us Wed, 19 Oct 2022 09:03:16 +0530 Wed, 19 Oct 2022 09:03:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66125 Reversal of CENVAT Credit - trading activity - exempted service or not - in either of the two options given in sub-rule (3) of Rule 6, there is no provisions that if the assessee does not opt any of the option at a particular time, then option of payment of 5% or 6% will automatically be applied. - AT Highlights Service Tax Wed, 19 Oct 2022 09:03:16 +0530 https://www.taxtmi.com/highlights?id=66125