Reversing Full CENVAT Credit on Common Inputs Nullifies 6% Demand on Goods Value.
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....CENVAT creidt - common inputs/input services used for dutiable as well as exempt goods - once the entire CENVAT credit on the common inputs services is reversed the question of confirmation of demand of an amount equivalent to 6% of the value of the goods does not arise - AT....


TaxTMI
TaxTMI