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Set off of credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 December 2012 can credit of service tax be set off against excise payable and vice versa?
what other credits can be interchangably set off?
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
02 December 2012 Service tax input credit to be use in payment of Excise duty libility.

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