Cenvat credit
This query is : Resolved
16 October 2015
Urgent''''
Dear Sir
Please solve My Proble.
I am Working in a company.
Company Regester in Service Tax . Not In Excise, My Company Receive a bill of 19,00,000/- From Reliance Industries. BED on Bill Is Rs:-2,11,111, Can i Claim Excise Duty Input for service tax Adjustment.
Dear Sir
Please solve My Proble.
I am Working in a company.
Company Regester in Service Tax . Not In Excise, My Company Receive a bill of 19,00,000/- From Reliance Industries. BED on Bill Is Rs:-2,11,111, Can i Claim Excise Duty Input for service tax Adjustment.
17 October 2015
If it is a capital asset utilized for providing out put service you can claim 50% during the year.
17 October 2015
yes it can be used in mah view.. stil wait for more expert comments
17 October 2015
You can't avail cenvat credit on material purchased for trading.
29 October 2015
See cenvat credit rules.
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