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Service tax & excise quary

Queries 833 views 4 replies

Rakesh Patel

ACCOUNTANT

109 Points Joined October 2011

SIR,

I HAVE SERVICE TAX NUMBER (MIMING SERVICE) AND I HAVA A 15 TRUCK, 1 GRADER, 2 EXCUVATOR ETC COAL MINING MACHINARY.

I HAVE PURCHASE OIL, GRESS, TYRE AND SPAREPARTS OF ABOVE MACHINARY WITH EXCISE DUTY.

SIR CAN I CLAME THIS EXCISE CENVAT CREDIT AGAINST SERVICE TAX PAYABLE?

IF YES OR NO, WHY?

PLEASE GIVE ME A RESION AND NOTIFICATION.

THANKING YOU,

Replies (4)

jogendra

DGM-Commercial

331 Points Joined August 2011

pls tell me in service tax in which services you are registered.

Saurabh Maheshwari

B.com ACA

5923 Points Joined December 2011

You can claim the credit of excise duty paid against Service Tax payable provided that you have used the said inputs in provision of taxable services.(see Rule 6 of Cenvat Credit Rules,2004).There is no notification in this regard as it is the basic of Cenvat Credit Rules.

adi

Commercial Officer

21 Points Joined February 2012

could i get structure of Electrical Bood's Bill as per industry level

Chirayu Kothi

Consultant Excise and Service Tax

248 Points Joined September 2008

you can take cenvat credit of most of raw material but not the Light Speed Disel Or High Speed Disel rest watver you raw material you can avail the credit. Rule 3 and Rule 4 of CCR 2004.