Easy Office
LCI Learning

Service tax credit

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 September 2010 can we take service tax credit on excise paid on steel used in construction of building of output service provider?

30 September 2010 Assessee can avial credit of duty / service tax paid on inputs and input services. This credit is known as cenvet credit. This is a pool which is available for utilisation for payment of duty on any final product or output services, subject to certain restrictions and lilitations.

So you can utilise the excise duty paid on steel.

02 October 2010 Cenvat on Capital goods use in office premises is not permissible.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query