Refund of excise duty
This query is : Open
28 June 2012
My client is dealing in laundry and drycleaning and they charge service tax from the customer but they pay excise duty on some raw materials like chemicals etc.
can they take credit of excise duty while paying service tax monthly.
can they take credit of excise duty while paying service tax monthly.
28 June 2012
Under cross utilization of Service tax and Excise, in my opinion, your client can claim and take credit of excise duty portion while discharging his output tax.
The condition for availing any CENVAT benefit for service tax output: The product/input services should be used in relation to providing output service. If chemicals are used in dry cleaning and if your client is paying the service tax on such services, he can claim it.
The condition for availing any CENVAT benefit for service tax output: The product/input services should be used in relation to providing output service. If chemicals are used in dry cleaning and if your client is paying the service tax on such services, he can claim it.
28 June 2012
yes, they can take the cenvat credit of input and input services.
28 June 2012
Thanks Sir,
Can we take CENVAT benefit on Fixed Assets ( Dryclean Machines) also which is utilized in drycleaning operation.
Can we take CENVAT benefit on Fixed Assets ( Dryclean Machines) also which is utilized in drycleaning operation.
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