Cenvat credit on rent a cab

CA Venkatprasad Pasupuleti , Last updated: 15 September 2016  
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Denying of CENVAT credit on service of rent-a-cab is favourite to revenue officers. For the period upto 01.04.2011, courts/tribunals allowed the credit however with advent of specific exclusion in the definition of Input service so as to disallow the credit on rent-a-cab services, most of the assess

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