https://www.taxtmi.com/caselaws?id=759544 CESTAT Chennai-AT allowed appeal regarding CENVAT credit for Goods Transport Agency services during February 2016 to March 2017. The tribunal held that credit eligibility depends on "Place of Removal" under Central Excise Act, 1944 and CENVAT Credit Rules. Following SC precedents and Board Circular No.1065/4/2018-CX, the tribunal determined that for FOR basis consignments where seller retains ownership and risk until delivery, CENVAT credit benefit extends to seller with buyer's premises recognized as place of removal. The impugned order was set aside. en-us Tue, 01 Oct 2024 00:00:00 +0530 Thu, 03 Oct 2024 15:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759544 CESTAT Chennai-AT allowed appeal regarding CENVAT credit for Goods Transport Agency services during February 2016 to March 2017. The tribunal held that credit eligibility depends on "Place of Removal" under Central Excise Act, 1944 and CENVAT Credit Rules. Following SC precedents and Board Circular No.1065/4/2018-CX, the tribunal determined that for FOR basis consignments where seller retains ownership and risk until delivery, CENVAT credit benefit extends to seller with buyer's premises recognized as place of removal. The impugned order was set aside. Case-Laws Central Excise Tue, 01 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759544