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

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