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Service Tax Input

This query is : Resolved 

20 June 2009 I am in a company which has following business:-
1.Trading of goods
2.Installation of goods

Can i get the credit of excise duty set off from service tax liability which arise on installation bill

I am presently taking vat input benefit from sale tax liability

Purchase Value:-100
Excise Duty:-10
Vat :-8
Total Purchase Cost:-118

Can i take the benefit of excise duty i.e. Rs.10 from service tax liability


20 June 2009 If your were to take the CED credit then you would have to pay the ST on the gross amount.
However if abatement/ composition is opted for then there is no possibility of claiming the input CED credit.


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