Excise duty paid on purchase for input of service tax

Dear all,

We are into a trading ( glass bottle ) line, we are getting excise purchase bills.  shall we adjust ( take credit ) the excise part in our purchase bills for  our service tax payment  on our transport ( as a service reciver ) cost. ( carrying  glass bottles ).

and we have plastick packing grades for carrying glass bottles, those purchase invoice also has excise duty, is it possble to take credit these exice duty for our service tax payment for transport exp.

Also, What is the abatement % for the transport service reciver ?

Thanks 

N.Vijayasankar

9884111165

 

Replies (1)

Service tax under reverse charge mechanism cannot be paid by utilising cenvat credit. Payment of service tax has to be made in case. A abatemnet of 75% is available under transport of goods by road.

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