Recently, the Hon’ble Supreme Court (‘SC’) in the case of Solar Industries India Limited v. CCE, SLP(C) 22650/2022, while affirming the decision of High Court (‘HC’), held that cenvat credit w.r.t. transportation services provided to employees is not available as it is for personal convenience of employees and has nothing to do with manufacture of goods.
Source Gaba & Co
Latest Posts in "India"
- States Worry Over Revenue Losses Amid GST Rate Rationalisation Proposal by Centre
- Madras HC Advocate Accuses Flipkart of Exploiting GST Loopholes, Urges Government Action
- India’s GST Evolution: From 2017 Launch to 2025 Reforms and Future Prospects
- US imposes additional tariffs on India for buying oil from Russia
- GST Council to Discuss Simplifying Tax Regime, Reducing Levies on Cement, Services, and Insurance