Input credit

Dear all,

I am a  manufacturer of both  duty exempted and excisable  goods ,

my marketing department  receives services from many service providers ( for eg., Adv agency,man power outsourcing for selling, etc) and pays huge amount of service tax on its services ( cutrrently it is expensing it off),

now my concern is ,

1.can my marketing dept transfer all its service tax portion to  mfg unit so that it can take credit on its excise duty liability,

2.If possible what are the documents to be maintained by mktg depty or the mfg unit to avail such credit.

please clarify onm this issue, it'll be a real value addiotion to my unit,

with regards,

karuna

 

 

Replies (2)
hii as per CE act 1944 if assessee is manufacturing excisable as well as non excisable / exempted goods, it is suggested that he should maintain records so he can conveince excise officer that input has been taken only for the goods used in excisable output. If u had taken credit of all input goods/ input services than u have to reverse the credit on input used otherwise than for excisable goods
Originally posted by :Guest
" hii
as per CE act 1944 if assessee is manufacturing excisable as well as non excisable / exempted goods, it is suggested that he should maintain records so he can conveince excise officer that input has been taken only for the goods used in excisable output. If u had taken credit of all input goods/ input services than u have to reverse the credit on input used otherwise than for excisable goods
"


 

will U give me exactly in which section or rule as per CE act 1944 for the above.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
11 August 2026
Chartered Accountant

Aviv Global Pvt Ltd

Ahmedabad

CA

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details
Company
ARTICLESHIP 08 August 2026
Article Assistant

Sanath Sheshagiri & Co.

Bengaluru

CA Inter

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details