16 April 2016
my company is service provider and purchase some capital assets like AC, computer and paid excise duty whether , compnany can avail cenvet credit please relpy this question with relevent section.
18 April 2016
yes, excise duty paid on capital goods can be taken as cenvat input..i.e. 50% in current year and 50% in next year and service tax input on installation charges can be taken 100% in the year of purchase itself.