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Availment of service tax credit under r/c mechanism

This query is : Open 
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(Querist)
07 January 2013 Dear Experts,

We are a Mfg Unit & service receiver, we are paying service tax on the payment of staff Bus hired by us for our Mfg unit under R/C mechanism after availing abatement of 60 %.

My query is, Can we eligible to take Cenvat Credit on the payment of 40 % service tax paid by us ?

Thanks
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
07 January 2013 Yes, you can avail the cenvat credit on service tax paid and you can utilise these cenvat credit to excise duty paid.
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Dhananjay Jog

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Dhananjay Jog (Querist)
10 January 2013 Thanks !
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Dhananjay Jog

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Dhananjay Jog (Querist)
19 January 2013 Please provide me If u have any notification regarding above availment.
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