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Cenvat creit utilization

This query is : Resolved 

25 December 2013 Dear all,

We have purchased goods from manufacturing unit on which excise is charged. We have rented same goods to another party on which service tax is charged. Can we avail excise CENVAT against SERVICE TAX? We are not registered under excise. but registered under SERVICE TAX

please help me out how do I go further.
Appreciate co-operation for the same

04 January 2014 Yes. As per rule 4 of Cenvat credit rules, you can utilize the Cenvat Credit of Excise for the payment of Service Tax



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