input credit service tax...

790 views 3 replies

Hello everybody...plz tell....

if a manufacturer has paid service tax on the services that he availed during production period...will he be entiteld to have credit available to set excise paid on output...and viceversa...!! means is this same apply for a person who paid excise at the time of purchase of the product that he is using for providing services...will he be entitled to excise input...???  what in the case of if CST paid in both cases....!! means Is CST credit is available to set service tax paid and viceversa...?? plz tell...its urgent.

Thanks in advance.

Replies (3)
Originally posted by : Prachi Jindal


Hello everybody...plz tell....

if a manufacturer has paid service tax on the services that he availed during production period...will he be entiteld to have credit available to set excise paid on output...and viceversa...!! means is this same apply for a person who paid excise at the time of purchase of the product that he is using for providing services...will he be entitled to excise input...???  what in the case of if CST paid in both cases....!! means Is CST credit is available to set service tax paid and viceversa...?? plz tell...its urgent.

Pl see the defintion of input services in the Cenavt credit rules and also the utilisation. Eligible input services can be aviled and utlised for the payment of either CE or ST>

CST credits are not available for set off at all. VAT credits available for set off aaginst VAT/ CST.

Thanks in advance.

Dear Prachi,

You refer to CENVAT Credit Rules, 2004 to get answer to your doubts.

 

there is no connection between service tax pid and CST paid as CENVAT Rules do not cover the CST /VAT. CST/ VAT Credit is totallly a differebt concept applicable at the time of SALE of Goods. Excise and Service TAX is on Production of goods / providing output service.

 

Regards

Ph:9811617186

Thanks a lot...m trying to get the real extract of wht u all said...meas in short excise duty - service tax & service tax - excise duty (credit available) but not in the case of CST....rit..got it thanks once again...:)

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 July 2026
Articles

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details