30 May 2011
I think there are more knowledgeable person in this sector.
so awaiting your positive reply................
We are manufacturer of soya Doc/oil/soya lecithin. As per the central excise tariff soya doc is exempted and on oil there is nil rate of duty and soya lecithin is dutiable @10.3%.
Above three commodities is being produce from major input is soyabean and its production ratio is about 70% is soya doc,20% oil and 10% soya lecithin.
While manufacturing about three final product we are availing various services and some of the services which are used for commonly i.e.
• securities services of factory premises
• telephone services installed in the factory premises
• Courier services common bill also all transaction
• Travelling services of employee
• Gardening services inside factory premises
Now we have question about the serives tax credit is eligible for above mention services ????
Pls reply and also gives us notification/ circular related to this.
30 May 2011
Security services, telephone and courier may be eligible.But only restricted admissibility as per Rule 6 of CCR as you have exempted manufacture. Traveling and gardening seems to be inadmissible.
CAclubindia
