Input Service Credit distributed by Parle Biscuits as an Input Service Distributor working on CMU is allowable under rule 7(d) of the CENVAT Rules: CESTAT

In a batch of appeals, the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) of Delhi has held that Input service credit distributed by Parle Biscuits as an Input Service Distributor working on CMU is allowable under rule 7(d) of the CENVAT Rules. The appeal was filed to determine whether the issuance of an Input…

Source Taxscan

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