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Cenvat cerdit in case of first stage dealer

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07 February 2017 Dear Expert Please advice,

suppose a company is registered in Excise Act as first stage dealer, can the company avail Cenvat Credit on purchase and further such Cenvat credit can be utilised against service tax payable on output service i.e. service tax payable on commission on consignment sales?

13 February 2017 You can take the both input and input services credit.

16 February 2017 can we adjust such cenvat credit against service tax payable on consignment sale?




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