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Excise cenvat in service

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 January 2016 Dear Experts,
We are service provider however we have paid ED on purchase of tools/machinery to provide service plz clarify can we avail ED cenvat in ST or not...

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Pankaj Gupta
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CA. Divyansh Agarwal

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CA. Divyansh Agarwal (Expert)
18 January 2016 Yes u can avail cenvat on capital goods 50 in year of purchase 50 in next fy

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