Reversal of cenvat credit
This query is : Resolved
08 January 2013
Dear Experts
If Cenvat Credit of Service tax is taken on immovable property purchases. and the property is sold out in same year then whether cenvat credit reversal is required or not? please provide me section or rule for the same and relevant case law if any.
If Cenvat Credit of Service tax is taken on immovable property purchases. and the property is sold out in same year then whether cenvat credit reversal is required or not? please provide me section or rule for the same and relevant case law if any.
08 January 2013
No need to reversal of cenvat credit.
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