Dear Friends.
We have recieved Excise Invoice of our Raw Material. In Excise Invoice our Supplier Charge Excise Duty + Service Tax. Can we take Credit of Excise Duty + Service Tax and it is possible to make Invoice with Excise Duty + Service Tax.
Dear Friends.
We have recieved Excise Invoice of our Raw Material. In Excise Invoice our Supplier Charge Excise Duty + Service Tax. Can we take Credit of Excise Duty + Service Tax and it is possible to make Invoice with Excise Duty + Service Tax.
Yes you can take credit of service Tax also,
Some Manufacturer, Charged freight and Service Tax on freight in Invoice. at that time you have to take credit of Cenvat as well as service tax also.
Yes,this is possible & u can avail credit of Cenvat as well as Sevice tax .
SSGS and Associates
Chennai
CA Inter
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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CAclubindia
