service tax and cenvat credit

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Querist : Anonymous (Querist)
07 October 2010 A manufacturing company has given a contract for building its factory.The service tax to be paid on construction contract would come to Rs 10 lakhs.Can the Company take cenvat credit for this amount and adjust it against the Excise duty that will be payable on goods manufactured and sold from this factory?

07 October 2010 Cenvat credit can be taken based on the ratio of the following case.

CCE, Vadodara vs. Videocon Industries Limited.


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