Menu
Cenvat of service tax
We are manufacturer as well as service provider. Our main work is manufacturing, but for some client we provide maintenance service also, which are aprrox. 5 % of total turnover. We have taken CENVAT credit of excise as well as service tax. Now my question is that, can we use CENVAT on service tax for paying service tax liability arouse from service providing.
Replies (2)
Yes, you can utilize cenvat for ST liability.
Thanks Sir, We are showing CENVAT avail on SErvice Tax in Excise Return as well as service tax. Can we Utilize Service tax for both excise payment as well as service tax payment. For Example, We have Rs. 100 CENVAT on service tax. And My service tax laibility is Rs. 10. ANd we use Rs.100 as, Rs. 10 for serivce tax and Rs. 90 for excise. IS this correct or nOt?
Recent Threads
- How to fill in csv file for Schedule 112A
- Gst 2a and Gst 3b difference
- What happens if a taxpayer forgets to file ITR but
- ITR 2 / Schedule FA / Income tax
- Best CA Office Management Software Tools for 2025
- GST ON ROYALTY APPLICABLE
- Income tax Regarding Rural Agriculture land
- Need Help & Clarification in ITR filing : ITR
- HOW TO ADD BANK ACCOUNT FOR A NON RESIDENT
- Gift to son for purchasing Commercial space
Related Threads
CAclubindia
