08 August 2008
Ours is a service company. Can we claim service tax credit on excise duty paid on some capital items purchased from service tax payable along with service tax on input services?
08 August 2008
yes as per rule 3 of cenvat credit rules provider of taxable services are allowed to take credits of certain duties. excise duty paid on capital goods as well as service tax paid on input services are one of them.
CAclubindia
