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Cenvat credit

This query is : Resolved 

08 November 2012 Dear Expert,
Can a Dealer claim service tax credit on input service, if he is his basic exemption limit has exceeded during the year, against the service tax payable on excess service rendered ??

08 November 2012 Hi Jigar,

CENVAT can be claimed once SSI exemption of 10 Lakhs is crossed by an Assessee.

Refer link for data:
http://www.bcasonline.org/knowledge/topic_des.asp?893

Thanks//Vaibhav
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