Relief to Larsen & Toubro Limited: Bombay HC confirms Reversal of Credit to Input Services on Usage for Manufacture of Dutiable and Exempted goods [Read Order]

By Kalyani B. Nair - On September 4, 2023 10:50 am - 2 mins read
Relief - Larsen & Toubro Limited - Relief to Larsen & Toubro Limited - Bombay High Court - taxscan

A Division Bench of the Bombay High Court confirmed the reversal of credit to input services on usage for manufacture of dutiable and exempted goods and thereby granting major relief to Larsen & Toubro Limited (HED). The controversy in the present appeal revolves around the purport and applicability of Rule 6 of the Cenvat Credit…

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