Please guide on below matter, with suitable references:
In case of servicing of motor vehicle : can a service provider take cenvat credit of excise duty paid on plant & machineries used to provide such service ? if so to what extent.
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Service tax credit of excise duty paid on machineries
Replies (2)
You may claim the cenvat credit on the duty paid on such machineries as these are being used for provision of output service; as per Rule 3(1) of the Cenvat Credit Rules, 2004.
If You Are Paying service tax under Composit Scheme of Work Contract then you Can Not Claim Input of Excise.
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