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Cenvat Credit

Queries 834 views 1 replies

Hi All,

Our company is a STPI unit dealing in both Export, DTA sales, corporate training programs. As
per my knowledge the export services rendered with respect to customised
softwares falls under sub-clause in Sec 65(105) of the services tax act. In
this sub clause the service is being described as Information Technology
Service. We are levying service tax on training programs & DTA sales.


As per this section the export services rendered are not exempted
services but taxable at nil rate of service tax.

Please let me know whether can I avail the cenvat credit of service
tax to the full extent (during remittance of our service tax liability),
which I would have paid on my input services received.
 

With Regards,

Mukunda

 
 

 

Replies (1)

yes, you can take entire service tax paid on input services. in case you are rendering any exempted services or making any sale of exempted goods then you have to apply the formula specified in this connection and allowed to take only the portion relate to taxalbe sales/services. 


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