Taking cenvat credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 March 2015
My feburaury month cenvat credit of Basic service tax Rs 10,000/-, Edu cess 200/- & High edu cess Rs 100/- . my question is that as per budget of 15- 16 can utilize total service tax amt in excise or not ??
Or i should only use basic service tax for excise??
Waiting for feedback
My feburaury month cenvat credit of Basic service tax Rs 10,000/-, Edu cess 200/- & High edu cess Rs 100/- . my question is that as per budget of 15- 16 can utilize total service tax amt in excise or not ??
Or i should only use basic service tax for excise??
Waiting for feedback
10 March 2015
You cannot utilize edu cess for payment of service tax or excise duty
as of now there is no clarification form the board for unutilized balance of cess
as of now there is no clarification form the board for unutilized balance of cess
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