Adjustment of Central Excise Duty from Service Tax

This query is : Resolved 

03 June 2010 Sir,
I have sufficient credit of service tax which i have received for telephone bills, audit fees, legal and professional charges bills and on domestic sales commission. I want to pay my central excise duty for the month May 2010 from the credit of service tax. Can I pay or not.

Is there any difference for payment of central excise duty if my factory deals in dutiable and exempted goods.

03 June 2010 Yes you can set off service tax credit against the excise duty payable.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries