Regarding cenvat of service tax
Ankita Gupta (Chartered Accountant) (60 Points)
26 April 2016Ankita Gupta (Chartered Accountant) (60 Points)
26 April 2016
Raghuveer
(Executive)
(167 Points)
Replied 26 April 2016
Suresh
(Learning)
(155 Points)
Replied 26 April 2016
Hello,
SBC is not integrated in the Cenvat Credit Chain. Therefore, credit of SBC cannot be availed. Further, SBC cannot be paid by utilizing credit of any other duty or tax.
Please refere FAQ on SBC....Q.No.14
https://www.servicetax.gov.in/resources//htdocs-cbec/press-release/faq-sbc.pdf;jsessionid=A9145E3C56A97F788ECDADB6DB47078E