CENVAT CREDIT AND SERVICE TAX
This query is : Resolved
10 August 2008
Hi...
Can the output service provider, providing both taxable and non-taxable service, avail the credit of excise duty paid on the input goods?
Assuming he is not maintaining separate accounts regarding the consumption of input goods in each service.
Can the output service provider, providing both taxable and non-taxable service, avail the credit of excise duty paid on the input goods?
Assuming he is not maintaining separate accounts regarding the consumption of input goods in each service.
27 August 2008
Keep separate record or pay 10% on the clearance of exempted or reverse proportionate credit as per rule 6 formula.
for any question on excise/servicetax/custom etc i may be contacted at arbindaggarwal@yahoo.com
for any question on excise/servicetax/custom etc i may be contacted at arbindaggarwal@yahoo.com
27 August 2008
Thnx........
it means that rule related to utilisation of excise duty paid on input goods , will be same irrespective of the fact whether such input goods are used in manufacturing goods or in providing output service.
it means that rule related to utilisation of excise duty paid on input goods , will be same irrespective of the fact whether such input goods are used in manufacturing goods or in providing output service.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
