What is Cenvat credit and Its role in Service tax.?
Menu
Query
Replies (3)
Cenvat credit means u can avail set off of service tax paid on input services..Its similar to Cenvat in excise..
You can take credit on input service tax paid when you pay excise duty (if you are a manufacturing com.,) or on output service tax (if you are a service provider).
agreee with Rakesh
Recent Topic
- Claiming Pre Possession Home Loan Interest
- Tax on Pension from EPFO
- Indexation of Sale of Property under New Regime
- TDS ON RENT BY TENANT
- Forward tax charge gst related
- SBI direct mutual funds ITR
- 44AE Section
- FEMA compliant structure
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
Related Topics
CAclubindia
