Cenvat Credit

is it possible to take credit of excise duty paid by developer for payment of service tax however that developer is not eligible for registration under excise act as not manufacturing any dutiable good and that developer is already registered under service tax??

Replies (3)

you can take benefit of service tax under excise

central excise duty paid means, capital goods 

if the duty paid goods qualify as capital goods and are needed for providing taxable services, then you can take input credit as per CCR2004 ( 50% in 1st year and balance in subsequent year), 

No doubt you can avail Cenvat Credit for Excise Duty and use it for payment of Service Tax provided other conditions of Relevant rules are fulfilled. No need to register under Excise Act.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

K R Kiran Kumar & Associates

Bengaluru

CA Inter

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
19 August 2026
PAID ARTCILE ASSISTANT

My Legal Tax Consultants Pvt. Ltd.

Noida

CA Inter

View Details