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Cenvat credit

Service Tax (Legacy) 411 views 1 replies

Dear All

I want to known about  Rule 3 of CENVAT Credit Rules, 2004 for list of eligible credits.

Where i can used above CENVAT Credit Rules

 

Thanks


 
Replies (1)
Dear sir, You can get the text of rule 3 from the website of cbec. Basic of this rule is that cenvat of excise duty + cvd+sad+st+eligible cesses can be availed on inputs/input services/capital goods used in the manufacture of a dutiable final product or in a providing a taxable output service. The cenvat so availed can be utilized for payment of excise duty/service tax on final product/taxable service.


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