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set off against excise

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(Querist)
12 July 2008 hi,
we r in the manufacturing of excisable goods known as industrial valves. we take the cenvat redit for our input on the basis of raw material. can we take the service tax set off against the excise payalbe. we are paying the bill amount inclusing the service tax for testing charges and the telephone charges. is it allowalbe to take set off of the same
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
12 July 2008 Yes. Wef 10/09/04, cenvat credit scheme has been extended across goods and services.
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