I need a suggestion for Cenvat Credit taken against Excise Duty Payable.
1.Service Tax Paid on Factory Machinery AMC Charges. 2.Service Tax Paid on factory Rent Charges. 3.Service Tax Paid on Purchase & Installation Service of Capital Goods. 4.Service Tax Paid on Professional Services. 5.Service Tax Paid on Inward/Outward Cartage Charges.
24 January 2016
In our view, on All services as mentioned from point no 1 to 5 (1) i.e. inward cartage except on point 5 (2) i.e. outward cartage charges, you can avail the CENVAT credit on Input Service