https://www.taxtmi.com/article/detailed?id=11538 Utilization of common input service CENVAT credit within different units of the same entity does not create fiscal loss because any credit disallowed to one unit will be proportionally available to another, leaving the company's net credit availment and utilization unchanged; Rule 7 prescribes distribution principles, and a head office not registered as an Input Service Distributor does not automatically negate credit entitlement where invoices and consumption correspond to the consuming unit's taxable activity. en-us Tue, 27 Jun 2023 10:06:51 +0530 Tue, 27 Jun 2023 10:06:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11538 Utilization of common input service CENVAT credit within different units of the same entity does not create fiscal loss because any credit disallowed to one unit will be proportionally available to another, leaving the company's net credit availment and utilization unchanged; Rule 7 prescribes distribution principles, and a head office not registered as an Input Service Distributor does not automatically negate credit entitlement where invoices and consumption correspond to the consuming unit's taxable activity. Articles Central Excise Tue, 27 Jun 2023 10:06:51 +0530 https://www.taxtmi.com/article/detailed?id=11538