limitation for cenvat credit

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Devaraja H.P (Querist)
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31 March 2009 can you just clarify me wether if we want claim the cenvat credit on service tax our turnover is tobe more than one crore.

CA. B.SRINIVASULU (Expert)
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31 March 2009
Not required. The service tax law allows you take credit for Cenevat if you are liable to pay service tax.

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