Reg:cenvat credit

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Aashish (Querist)
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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

CA Suresh Jain

CA Suresh Jain (Expert)
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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

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