Easy Office

Cenvat credit on capital goods

This query is : Resolved 

12 August 2013 I have a doubt regarding Service Tax and it's CENVAT Credits. The Client Purchased a Capital Asset During the year and paid the Excise duty on it. The question is whether a Service Provider can claim Excise Duty on Capital Goods from Service Tax payable?,

12 August 2013 Yes 50% in the year of receipt and 50% in the subsequent years as long as the same is used in providing services liable to tax.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries