Cenvat credit

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DEAR EXPERTS , kINDLY ADVICE , WHAT IS CENVAT CREDIT ,AND WHAT IS RULES AND REGULATION ,,,, WHO CAN TAKE CENVAT CREDIT ON SERVICE TAX ,,,,,,,,,,,,, GOVIND
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Cenvat credit has a cross sectional applicability. Service tax paid on Input services can be availed by manufacturer of excisable goods and provider of taxable services

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