Cenvat credit

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gurusaiprasannakumar (Querist)
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25 April 2014 Dear All,

Can anyone tell me whether CENVAT credit can be claimed on Interest payable for service tax late payment?

CA DHANANJAI KUMAR (Expert)
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25 April 2014 Interest on service tax for late payment is in penal nature, CENVAT credit cannot be used for setting of the interest liability

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pranav (Expert)
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27 April 2014 I AGREE WITH DHANANJAI

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