CENVAT Credit Denial: Commission Paid to Auto Dealers from Premiums Not Eligible for Credit, Authority's Opinion Binding.

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....Denial of CENVAT Credit - Out of the premium collected from the buyer of the motor car/vehicle, a portion thereof is paid by the appellant to the automotive dealer as a commission - the law is well settled that when a competent authority has issued an opinion on a particular matter, the same shall be binding and cannot be questioned by the other agencies. - AT....