Credit of service tax cannot be denied on the ground of ‘no nexus with output services’

Credit of service tax cannot be denied on the ground of ‘no nexus with output services’ https://www.taxtmi.com/article/detailed?id=10877 The amended Rule 5 of the Cenvat Credit Rules does not require establishing a specific nexus between inputs or input services and exported output services to claim refund under the statutory refund formula. Where authorities consider credit to have been wrongly taken, recovery and challenge must proceed under Rule 14 with its show cause and opportunity procedures; summary rejection of a refund solely on 'no nexus' grounds is legally unsustainable. en-us Fri, 16 Dec 2022 09:42:18 +0530 Fri, 16 Dec 2022 09:42:18 +0530 TaxTMI RSS Generator Credit of service tax cannot be denied on the ground of ‘no nexus with output services’ https://www.taxtmi.com/article/detailed?id=10877 The amended Rule 5 of the Cenvat Credit Rules does not require establishing a specific nexus between inputs or input services and exported output services to claim refund under the statutory refund formula. Where authorities consider credit to have been wrongly taken, recovery and challenge must proceed under Rule 14 with its show cause and opportunity procedures; summary rejection of a refund solely on 'no nexus' grounds is legally unsustainable. Articles Service Tax Fri, 16 Dec 2022 09:42:18 +0530 https://www.taxtmi.com/article/detailed?id=10877