St cenvat credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 October 2015
Dear experts,
Company has paid ST on GTA under RCM, however the is engaged in business entity not providing any output service, hence ST credit cannot be taken, plz guide me can we take ST cenvat credit in excise or not.....
Thanx & Regard
Rajeev Dayal
Company has paid ST on GTA under RCM, however the is engaged in business entity not providing any output service, hence ST credit cannot be taken, plz guide me can we take ST cenvat credit in excise or not.....
Thanx & Regard
Rajeev Dayal
24 October 2015
yes you can if such services comes under the definition of Input Services given under the rule 2(I) of Cenvat credit rules 2004, i.e used for the purpose of manufacturing of dutiable goods or providing of output services.
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