service tax credit

This query is : Resolved

hemant (Querist)
Follow

15 October 2010 i work in a manufacturing company. we take many servies on which we pay service tax. but no credit of service tax is being taken by my company. whether service tax credit can be taken?? no output service is being provided by my company but only manufactured items are being sold. kindly mention the provision also which allows/disallows credit.

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
Follow

15 October 2010 The service tax input services used in manufacture/ business are eligible to be accumulated and used for paying the central excise duty payable on the excisable goods.
If non excisable goods manufactured then no credit wouldbe eligible as no taxable service also provided.

hemant

hemant (Querist)
Follow

15 October 2010 sir, can u give me the reference of relevant provision which allows credit of service tax for adjustment against excise duty liability.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

BALU RAJADURAI

T.N.Reddy

Shubham Jain

Narendra

Mahasweta Deb

Subscribe Now

service tax credit

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Article Assistant

Accountant

GST CONSULTANCY

GST CONSULTANT

CA Final