Reg:cenvat credit
This query is : Resolved
27 August 2013
Dear all,
1. Is power sector exempt from ST?
2.Same unit receives services , Can i take CENVAT credit ?
If yes temme the entry.
If no, tell me why cant it take and what will the entry for the service tax ?
Thanks and regards
1. Is power sector exempt from ST?
2.Same unit receives services , Can i take CENVAT credit ?
If yes temme the entry.
If no, tell me why cant it take and what will the entry for the service tax ?
Thanks and regards
CA Suresh Jain
(Expert)
27 August 2013
1. There is no such exemption to power sector from service tax
2. CENVAT credit on inputs and input services is available
disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case
2. CENVAT credit on inputs and input services is available
disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case
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