10 September 2010
If I am a Service provider and I am registered in Service tax. Whether It is mandatory to get registered in Central Excise act to take credit of Exice.
10 September 2010
As per the CENVAT credit rules 2004, amended with effect from 10.9.2004, the Excise duty and service tax both can be setoff against each other subject to some conditions specifed
My understanding , Service provider no required to register under Excise for taking cenvat credit of excise against service tax