Central excise duty utilize in services tax
This query is : Resolved
15 June 2016
Dear experts
my query is Our company is only service provider .we have take already service tax registration . But my query is we are purchase of capital goods and some of raw material .Those purchased capital goods and raw materials excise duty is Input . How should these input excise duty.
Please give me a suggestion
Thanks & regards
siva.
my query is Our company is only service provider .we have take already service tax registration . But my query is we are purchase of capital goods and some of raw material .Those purchased capital goods and raw materials excise duty is Input . How should these input excise duty.
Please give me a suggestion
Thanks & regards
siva.
17 June 2016
As per rule 3(1) of Cenvat Credit Rules 2004; as a Service Provider, you can take input credit of Excise duty paid on Capital Goods purchased and Input material purchased.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- Management System (IMS)
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- EPF FULL & FINAL RULES IN 2026
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
