Cenvat credit


This query is : Resolved 

08 November 2012 Dear Expert,
Can a Dealer claim service tax credit on input service, if he is his basic exemption limit has exceeded during the year, against the service tax payable on excess service rendered ??

@VaibhavJ (Expert)
08 November 2012 Hi Jigar,

CENVAT can be claimed once SSI exemption of 10 Lakhs is crossed by an Assessee.

Refer link for data:
https://www.bcasonline.org/knowledge/topic_des.asp?893

Thanks//Vaibhav
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