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Quary about actual account

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(Querist)
18 December 2014 hello

if i paid any service tax. now i want to take cenvat credit. in that case is it like an assets for me?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
18 December 2014 Service tax paid is an asset for you which can be utilized for payment of service tax and/or excise duty.

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