CENVAT CREDIT ON BANK SERVICE.
This query is : Resolved
11 December 2009
Dear Experts,
We are a manufacturing Co. registered with Excise and Service Tax. Our banker charges Service Tax in their Bill of verious Financial purpose which are purely related to our production.
Now can we take Cenvat credit against the above Banking service?
Kindly let me know.
Thanks and regards,
Rd
We are a manufacturing Co. registered with Excise and Service Tax. Our banker charges Service Tax in their Bill of verious Financial purpose which are purely related to our production.
Now can we take Cenvat credit against the above Banking service?
Kindly let me know.
Thanks and regards,
Rd
11 December 2009
Yes. you can take cenvat credit and utilized whith excise libility.
12 December 2009
Dear Mr. Ram Avtar,
Thanking your for your valuable reply. But can you tell me any notification regarding this Banking Service Tax.
I am waiting for your reply.
Thanks and regards,
Rd
Thanking your for your valuable reply. But can you tell me any notification regarding this Banking Service Tax.
I am waiting for your reply.
Thanks and regards,
Rd
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