Query realted to cenvat credit
This query is : Resolved
28 September 2011
HI TO ALL,
I am engaged in site installation services at different site.I am buying the excisable good from the manufacture,My sales invoice realted to 80% sales of good on which vat is charged at 13.5% and the remaining amount is realted to labour charges on which services tax is charged.My question is that whether, i can take cenvat credit realted to excise on goods and can i use this cenvat for paying the services tax .
Please reply me as soon as possible.
Thanks & regards
kailash
mobile no : 9818569062
Email; k.lakhera@yahoo.com
I am engaged in site installation services at different site.I am buying the excisable good from the manufacture,My sales invoice realted to 80% sales of good on which vat is charged at 13.5% and the remaining amount is realted to labour charges on which services tax is charged.My question is that whether, i can take cenvat credit realted to excise on goods and can i use this cenvat for paying the services tax .
Please reply me as soon as possible.
Thanks & regards
kailash
mobile no : 9818569062
Email; k.lakhera@yahoo.com
30 September 2011
You can avail Cenvat Credit on the excisable goods received and used in the erection, installation and Commissioning project if you are paying the Service TAx on the gross amount including the cost of the materials and services.
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