CENVAT Credit Must Be Reduced Proportionately If Service Value Decreases, As Per Rule 4(7) Guidelines (7.
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....CENVAT credit - input services - service tax not paid in accordance with what is indicated in the Invoice - Rule 4(7) provides for a proportionate reduction of CENVAT Credit where the value of services rendered is reduced subsequently but service tax was discharged on the original amount and borne by the service recipient....
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