We are doing job work and registered under Business Auxillary Services. We are also registered under VAT as we are using our material whille doing the job. We do nickel plating. Our nickel material is used in doing the work. We pay VAT and excise on purchase of nickel material. We charge VAT on 50% of bill amount and Service tax on 50 % amount. Shell we get credit of input VAT against output VAT ?Shell we get credit of excise paid on purchase of raw material against Service Tax to pay? Please help me to solve this query. Thanks,
DINESH PATEL,
AHMEDABAD.
CAclubindia
