Setoff
This query is : Resolved
25 October 2013
we have paid excise duty on purchase bill. can we take set off against service tax payable?
25 October 2013
1st if the service tax is on any abated/exempted value and there is any condition that u cant take credit on inputs, then u cant.
next check cenvat credit rules 2(a) and 2(k).
in short, we need to check which service and which credit to see the eligibility
next check cenvat credit rules 2(a) and 2(k).
in short, we need to check which service and which credit to see the eligibility
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