Can anyone solve my doubt on valuation rules?
Can i claim cenvat credit on excise duty paid against service tax payable ? To be more clear,i am a service provider.I purchased input goods for providing output service on which i paid excise duty.can i adjust this against service tax payable?
OR
it can be adjusted only if i am a manufacturer and service provider.
Yes excise duty on inputs can be claimed against output of service tax.
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