Cenvat Credit

621 views 1 replies

Dear members,

How to avail cenvat credit if someone provides both taxable and exempt service?

Regards,

Nirav Worah

Replies (1)
Originally posted by : Nirav Worah

Dear members,

How to avail cenvat credit if someone provides both taxable and exempt service?

Regards,

Nirav Worah

Option 1: To avail 100% cenvat credit on input service either maintain seperate books of accounts for taxable and exempted service (which is very difficult )

OR

Option 2(a): Avail 100% CENVAT credit on input service and pay 6% of the value of exempted service or

Option 2(b): Avail proportionate CENVAT credit

Also at the same time you can avail 100% CENVAT credit of 16 specified services mentioned in Rule 6(5) of CENVAT credit Rules, 2004 without applying the above provision

Please Refer Rule 6(3) of CENVAT Credit Rules, 2004 for further clarification


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details