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Aakash (Querist)

14 July 2016 I am a service provider. I have paid ₹ 100000 excise duty on building material used for construction of my office. Would I be able to adjust the excise duty paid with the service tax which I will charge while providing consultancy services to XYZ ltd.

Amol S Joglekar

Amol S Joglekar (Expert)

14 July 2016 No, that is not possible.....

Aakash

Aakash (Querist)

14 July 2016 How not possible. Sir according to which rule

Amol S Joglekar

Amol S Joglekar (Expert)

14 July 2016 you better tell the rule how it is possible, PLEASE

Aakash

Aakash (Querist)

14 July 2016 Is there statement is true for above question

As per CCR rules 2004 if any service provider has paid excise duty on building material used in construction of fixed asset then he may avail cenvat credit on value of service tax payable by him, provided that such fixed asset shall be used for the purpose of providing taxable services

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