Cenvat utiliasation against Service tax Liability

This query is : Resolved 

14 August 2010 Can we Utilise Cenvat against Service tax liability..
Give me Clarification and relevant notification of above subject.

Thanks

14 August 2010 No. Cenvat can not utilized for Service Tax Libility.

14 August 2010 CENVAT CREDIT IS UTILISED ONLY IF U HAVE PAID THE SERVICE TAX.


14 August 2010 Dear sir
tell me brief details of above subject

14 August 2010 Service Tax libility will paid by cash/bank then you can use this cenvate credit to set off excise libility.

14 August 2010 Can we Utilise Cenvat credit against Service tax liability..
Give me Clarification and relevant notification .

Somebody tells me it will be utilise,
Otherbody tells me it will not utilise,
What is Correct?

Give me answer with relevant notification...

14 August 2010 No. No. No. Excise cenvat credit can not utilize for Service tax libility.

14 August 2010 Thanks sir..!


15 August 2010 dear, if you are able to read the book, then kindly go through the first five Rules of Cenvat Credit Rules, 2004, all your queries will be satisfied. you will get provisions as wel as notification nos. looking for. all the best.



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