1.

Can Input Service Distributor (“isd”) Distribute The Cenvat Credit Of Kkc As Per Rule 7 Of The Credit Rules?

Answer»

YES, CENVAT credit of KKC may also allowed to be distributed to Units providing taxable output SERVICES as per RULE 7 of the Credit Rules, but an appropriate amendment is REQUIRED in this regard in Rule 7 of the Credit Rules.

Yes, Cenvat credit of KKC may also allowed to be distributed to Units providing taxable output services as per Rule 7 of the Credit Rules, but an appropriate amendment is required in this regard in Rule 7 of the Credit Rules.



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