Cenvat of excise duty against service tax

This query is : Resolved

AJAY SINGH (Querist)
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29 December 2016 One our Client Having Coal beatification Washery And They pay Service tax on Beatification Charges Can they taken Cenvat of Excise Duty 100% in the year of Purchase of Consumable Spares of 50% Amount of Cenvat will be deferred.

Arun Kumar Singh

Arun Kumar Singh (Expert)
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07 January 2017 The cenvat credit can be admissible on inputs used in the service provided. If capital goods then you can take the cenvat credit of input in the current year 50% and remaining next year other wise you can take the credit of 100%.