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Cenvat credit

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(Querist)
05 June 2012 Dear Expert

we are service provider comapny, if we purchase any assets from any dealer with excise invoice. can we take this cenvat in service tax input credit.

Thanks
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Dayal

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Dayal (Expert)
06 June 2012 If the capital goods so purchased are in relation to rendering of services, then yes you would eligible to avail the cenvat credit.
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CA Nikhil Bhansali

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CA Nikhil Bhansali (Expert)
06 June 2012 Can you please explain what was use of asset in providing output service?




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