CENVAT Credit Definition Broadens Input Services Scope, Covers All Manufacturing-Related Activities Under Tax Framework.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....CENVAT Credit - input services - The definition of input service has a 'means part' and an ‘inclusive part’. - The, phrase 'whether directly or indirectly, in or in relation' is so wide so as to include all activities pertaining to manufacture of finished product.....