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Cenvat

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(Querist)
05 September 2011 Dear Sir,
We are manufacturing co. we are registered under central excise.We are taking only cenvat credit of excise. whether we can take service tax cenvat also.

Regards
Panduranga
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U S Sharma

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U S Sharma (Expert)
05 September 2011 you can take service tax credit as per CCR 2004, but you will loose exemption of service tendred ( i e pay tax on services too)
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Jitender

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Jitender (Expert)
05 September 2011 u can take the benefit of servoces directly used for manufacturing.
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