Cenvat utiliasation against Service tax Liability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 January 2011
Dear Experts,
I am working in manufacturing company,
we produced Exciseble Goods and Installing above said goods(i.e. we have manufacturing Activity and Service provider).We have Excise Rgistration no and service tax Registration no.And We are filling excise returns and service tax returns in statury period. We are utilised cenvat credit on Inputs and Capital goods against Duty liability,Service tax credit utilised against Output Service tax liability,
Can we utilise Cenvat credit on Inputs and Capital Goods against Output Service tax Liability
TELL ME DEEP CLARIFICATION ON ABOVE SUBJECT
I am working in manufacturing company,
we produced Exciseble Goods and Installing above said goods(i.e. we have manufacturing Activity and Service provider).We have Excise Rgistration no and service tax Registration no.And We are filling excise returns and service tax returns in statury period. We are utilised cenvat credit on Inputs and Capital goods against Duty liability,Service tax credit utilised against Output Service tax liability,
Can we utilise Cenvat credit on Inputs and Capital Goods against Output Service tax Liability
TELL ME DEEP CLARIFICATION ON ABOVE SUBJECT
Pradeep Kamath
(Expert)
21 January 2011
Yes, as per CENVAT Credit rules, 2004.
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