my query is Our company is only service provider .we have take already service tax registration . But my query is we are purchase of capital goods and some of raw material .Those purchased capital goods and raw materials excise duty is Input . How should these input excise duty.
17 June 2016
As per rule 3(1) of Cenvat Credit Rules 2004; as a Service Provider, you can take input credit of Excise duty paid on Capital Goods purchased and Input material purchased.
CAclubindia
