Availment of service tax credit under r/c mechanism
This query is : Open
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
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
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.
10 January 2013
Thanks !
19 January 2013
Please provide me If u have any notification regarding above availment.
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