Service tax dealer & excise dealer
This query is : Open
25 February 2014
Can a trader (who is a service tax dealer) obtain the sales with Excise Duty without having any excise registration, he has only service tax registered.
I have received a Invoice for Scrap, the seller has a engineering co. & holding a service tax licence. He put excise duty @ 12.36 % on Invoice. Is this can happen?
I have received a Invoice for Scrap, the seller has a engineering co. & holding a service tax licence. He put excise duty @ 12.36 % on Invoice. Is this can happen?
25 February 2014
Dealer can trade the excisable goods without registered with excise but he can not issue cenvatable invoice. Dealer can be registered with excise and service tax if he want both activity.
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25 February 2014
Thanks Mr. Singh, but the duty involved in Invoice can be used as Input Duty? He is not registered with Excise. One more point, In invoice beside duty, he write as "Cenvat credit earlier availed by us and reversed pursuant to Rule 3(5) of the Cenvat Credit Rules 2004."
Kindly give some light upon this.
Kindly give some light upon this.
26 February 2014
Service provider is registered under service tax and pay the duty of service tax they can avail the cenvat credit of inputs used in the providing of output services.
27 February 2014
Thanks, but you can't answer my query.
27 February 2014
Thanks, but you don't answer my query.
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