Excise – Cestat Chennai: Dispute of excess distribution of credit amongst three units without considering the ISD unit (self), alleging that the Head Office-ISD Unit was also a service provider unit – Held that the amount of tax paid in cash by the Head Office unit was much more than the amount of credit that should have been distributed by ISD unit to the Head Office unit, therefore, this is clearly a revenue neutral situation – Appeal allowed [Order attached]

02-Feb-2023 12:56:27