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- Eligibility / Reversal of ITC
- Whether input tax credit can be denied for lack of one-to-one correlation with output supplies ?
Whether input tax credit can be denied for lack of one-to-one correlation with output supplies ?
TRT-2025-622
Issue Favourable to Tax Payer ?:- yes
Held - I find that a manufacturer of excisable goods can take credit of CENVAT paid on input services and there is no such requirement for on.....