Input credit-excise charged in vendor invoice-top urgent

This query is : Resolved 

29 April 2010 Dear,

We are a service industry where in no excise duty is payable to the govt by us, but are we allowed to take the input credit of the excise duty charged by the vendor as we normally take the input credit of service tax.

29 April 2010 Yes
U have to take credit of excise duty as input tax vs output tax i.e. service tax

29 April 2010 yes.Excise duty can be adjust against Service tax payment




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries