A Company is engaged in the activities of trading , rendering of export of services and taxable services . Whether it needs to reverse CENVAT Credit which is proportionate to trading activities? If so please indicate how much extent it should be reversed? Please give some examples.
In this regard make the accounting treatment i.e. taxable service, export services & trading activities and same Cenvat credit taken in this regard then taken Cenvat credit to be reversed regarding trading activities with interest.
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
CAclubindia
