18 February 2021
I was registered under Service Tax & currently my Service Tax Audit is going on. I had taken 2 shops on rent to carry on the business (same business in both shops in same name & nature). But, at the time of registration under service tax I mentioned only 1 shop. Now, the officer is disallowing my CENVAT Credit by 50% as I registered only 1 shop to service tax. So, what can I do now...???