07 November 2008
Good morning, we are manufacturer of paper and fabric labels, and adhesive paper is excisable product, we are in the verge of crossing the exemption limit. Now my query is - service tax on Listing fee or M&S rebate (sales commission ) can be availed as cenvat credit?
ours is MNC based in SA, we have to pay fee to Marks & spencer UK as rebate 5% on all sales of M& S labels made here in India to exporters of Garments which is liable under s.Tax. also we pay Listing fee to our counter part in UK,SA, towards nomination service, marketing service.
Now can any one please confirm cenvat credit can be availed of this service tax paid?