TAXATION

This query is : Resolved 

24 April 2009 Can we take the credit of service tax in excise duty .if yes the please give me an
example.
THANKS IN ADVANCE.
MY Email:verma_moti@yahoo.co.in

24 April 2009 Yes. You can take credit as per Cenvat Credit Rules, if the services are input service and you can use the credit to pay Central Excise Duty.

25 April 2009 as per rule 3& rule 7 of Cenvat credit rules u can take credit not only u can avail credit but also u can utilise it


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