Cenvat credit

A PERSON IS DOING   LABOUR JOB   AMD PAYING THE SERVICE TAX ON  THAT  BUT THE PURCHASE WHAT

HI IS DOING INCLUDS EXCISE TAX SO CAN HE GET THE CREDIT OF PAID EXCISE ON THE BILL WHILE PAYING THE

SERVICE TAX

Replies (2)

Yes. refer Rule 3 of CENVAT Credit Rules ,2004

Dear  Sumit

Servcie provider can avail cenvat on capital goods provided the capital goods is directly used for rendering of services. you have not clarified the nature of capital goods and all the capital goods purchased are not eligible for cenvat credit

 

 

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