09 July 2011
can service Industries avail the cenvat credit of excise duty paid, is there any procedure or any extra registration require for availing cenvat of excise duty paid on raw material or stationory purchase
ours is courier company want to avail the cenvat credit of excise duty paid
09 July 2011
Service providers can take cenvat credit of duty paid on goods used for providing taxable services provided value of such goods are included in the value of services for service tax. Capital goods as defined under the CCR also qualify for cenvat if used for providing taxable services . No separate registration is required for taking cenvat credit.