Cenvat

This query is : Open

Samir bhatt (Querist)
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28 December 2013 We have started a new manufacturing business and we are also registered under service tax department. as we are not cross basic exemption limit under excise we are not registered under excise department.Inform us that can we take credit of cenvat on services by registered with Excise department?

CA DHEERAJ

CA DHEERAJ (Expert)
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28 December 2013 Basically your query is
1. for get cenvat credit benefit you get registered under execise act or not

2. and i take cenvat credit without crossing basic exemption limit under service tax

ans.

1. for get benefit of cenver credit under service tax you need not to register under excise act.

2. upto baisc exempetion limit you not get benefit of cenvet credit.