Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Wheather credit taken from excise

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

25 September 2013 Wheather Service tax trader is eligible for taken a credit excise duty against service tax
Trader Purchase a good from manufacturer and charges excise duty on bill but trader are registered under service tax and provide taxable service.
wheather he is eligible to taken a excise duty in service tax ?

RENGARAJ R.K

RENGARAJ R.K (Expert)
Follow

25 September 2013 The central excise duty charged by the supplier can be taken as cenvat credit for the service tax output tax, provided such excise duty is linked with your output service. For e.g some capital goods is required for providing output service. In this case, cenvat charged in the invoice can be used.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now