Certain CENVAT Issues Pointed by Audit

By Vijay Kumar

CAG found that assessees have:

Availed CENVAT Credit on ineligible input services,

Availed CENVAT credit of input services for the period not covered by notification,

Availed CENVAT Credit on sales commission,

Availed CENVAT Credit on exempted goods,

Availed CENVAT Credit on ineligible documents,

Availed CENVAT Credit on old invoices,

Availed suo-moto CENVAT credit,

Used CENVAT credit for payment of service tax under reverse charge.