Central excise duty utilize in services tax
This query is : Resolved
Ch.Siva Nageswara Rao
(Querist)
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.
rakesh tiwari
(Expert)
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.
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