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.

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 No we purchase material for trading of goods.

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 Please give me more suggestions.

29 October 2015 See cenvat credit rules.


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