https://www.taxtmi.com/caselaws?id=786750 Apportionment of CENVAT credit for pre 01.04.2011 trading requires excluding the value of traded goods from non taxable trading services when computing attributable common input service credit; the extended period of limitation cannot be invoked where facts were within departmental knowledge or bona fide legal disputes existed, so demands raised under extended limitation are set aside and normal period apportionment must be recomputed. Services disallowed as inputs are held eligible and creditable. Penalties on the taxpayer, its ISD and director are quashed due to reasonable controversy and legal uncertainty, and matters are remanded for recomputation with a CA certified worksheet. en-us Fri, 09 Jan 2026 00:00:00 +0530 Thu, 19 Feb 2026 07:58:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786750 Apportionment of CENVAT credit for pre 01.04.2011 trading requires excluding the value of traded goods from non taxable trading services when computing attributable common input service credit; the extended period of limitation cannot be invoked where facts were within departmental knowledge or bona fide legal disputes existed, so demands raised under extended limitation are set aside and normal period apportionment must be recomputed. Services disallowed as inputs are held eligible and creditable. Penalties on the taxpayer, its ISD and director are quashed due to reasonable controversy and legal uncertainty, and matters are remanded for recomputation with a CA certified worksheet. Case-Laws Central Excise Fri, 09 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786750