Obligation u/r 6(2) of CCR fulfilled by availing 85% credit on common input service

Commissioner of Central Excise And Service Tax Vs Indian Oil Corporation Ltd. (Calcutta High Court) Calcutta High Court held that by availing only 85% of credit on common input service, obligation under rule 6(2) of Cenvat Credit Rules, 2004 (CCR) is fulfilled. Facts- The moot question involved in these appeals is whether the respondent has fulfilled his obligation under Rule 6(2) of the Cenvat Credit Rules, 2004 by taking only 85% of the credit on the common input service. The revenue had issued show cause notice alleging that the assessee has cleared final products manufactured by them witho...