Cenvat credit
This query is : Resolved
07 November 2014
Sir,whether it is compulsory to take cenvat credit of the service tax paid if service receiver is also a service provider & also a manufacturer and he is eligible and have service tax number
07 November 2014
Availment of CENVAT Credit isd the decision of the service recipient or the producer of taxable goods. There is no law making it compulsory that CENVAT Credit should be availed of. The benefit of availing CENVATY Credit is the outlay of duty payable would be lesser. Whether the CENVAT Credit is availed and utilized is purely the assessee's discretion.
11 November 2014
what point to be check in doing Excise in case of Internal Audit
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