AI Drafter 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
2015 (10) TMI 1797
X X X X Extracts X X X X
X X X X Extracts X X X X
....r. Rajesh Kumar, C.A. For the Respondent : Mr. N. Jagdish, A.R. ORDER Per B.S.V. MURTHY Issue involved is eligibility of the appellants for Cenvat credit on common input services specified under Rule 6 (5) of the Cenvat Credit Rules, 2004 when they have engaged in trading activity as well as manufacturing activity. Out of the total demand of Rs. 1,21,10,496/-, the appellants have rever....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ed in 2008 (12) S.T.R. 252 (Commr. Appl.). In this decision, the Commissioner (Appeals) has held that input services which used are in common for manufacture of final products and for trading, does not lead to a situation requiring reversal of Cenvat credit attributable to trading activity. The Commissioner has taken a view that trading activity is not equitable with exempted goods or exempted ser....