Duty paid as excise (tax) use as a set off agst servce tax

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duty paid as excise (tax) can we take as a set off while paying service tax

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Hi

As per cenvat credit rules excise duty paid is eligible for set-off against payment of excise duty and also service tax.

Dear Sumit

Kindly check before availing the cenvat whether the input or capital goods purchased by paying excise duty is eligible for cenvat credit.  Capital goods or inputs should have been directly used for rendering of output service tax   is the basic rule to avail the cenvat credit.

 


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