Utilisation of cenvat credit
This query is : Resolved
08 September 2013
SIR I AM A FINANCE MANAGER IN A MANUFACTORING COMPANY AND WE PAY APPROX. RS.8000 PER MONTH AS SERVICE TAX ON OUR INTERNAL AUDITOR'S FEES .
SIR MY QUESTION IS THAT CAN WE UTILISE THE CREDIT OF SEVICE TAX PAID ON AUDITOR'S FEES , TELEPHONE INCLUDING INTERNET BILLS FOR THE PAYMENT OF OUR EXCISE DUTY LIABILITY ON GOODS MANUFACTORED??
SIR MY QUESTION IS THAT CAN WE UTILISE THE CREDIT OF SEVICE TAX PAID ON AUDITOR'S FEES , TELEPHONE INCLUDING INTERNET BILLS FOR THE PAYMENT OF OUR EXCISE DUTY LIABILITY ON GOODS MANUFACTORED??
10 September 2013
Yes, you can utilise of cenvat credit for excise duty payment.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR WITH 0 TURNOVER
- How to pay tds on mhada property
- Value of Perquisite Tax Borne by Employer
- NRI get transferred fund from his own Indian account to his foreign US account without any approval
- Schedule Dpm under 44ada no account casr
- Value of Perquisite Sec.10 (10CC)
- TDS short payment of Rs 120 — how to adjust in new TRACES
- Query related to CA/CS/CMA Firm
- Automatic MIS from Tally ERP
- ITC claim on vehicle parts and repairing
- Sales of goods of amount Rs77 lakhs to a party
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
