CENVAT Credit Denial: Commission Paid to Auto Dealers from Premiums Not Eligible for Credit, Authority's Opinion Binding.

CENVAT Credit Denial: Commission Paid to Auto Dealers from Premiums Not Eligible for Credit, Authority's Opinion Binding. https://www.taxtmi.com/highlights?id=68502 Denial of CENVAT Credit - Out of the premium collected from the buyer of the motor car/vehicle, a portion thereof is paid by the appellant to the automotive dealer as a commission - the law is well settled that when a competent authority has issued an opinion on a particular matter, the same shall be binding and cannot be questioned by the other agencies. - AT en-us Tue, 28 Feb 2023 10:25:02 +0530 Tue, 28 Feb 2023 10:25:02 +0530 TaxTMI RSS Generator CENVAT Credit Denial: Commission Paid to Auto Dealers from Premiums Not Eligible for Credit, Authority's Opinion Binding. https://www.taxtmi.com/highlights?id=68502 Denial of CENVAT Credit - Out of the premium collected from the buyer of the motor car/vehicle, a portion thereof is paid by the appellant to the automotive dealer as a commission - the law is well settled that when a competent authority has issued an opinion on a particular matter, the same shall be binding and cannot be questioned by the other agencies. - AT Highlights Service Tax Tue, 28 Feb 2023 10:25:02 +0530 https://www.taxtmi.com/highlights?id=68502