15 August 2014
Yes, it is eligible for set off. Input means all the goods used for providing output service.If the goods are used to provide output service, excise paid on those goods is eligible for cenvat credit.
16 August 2014
for trading you sell the goods in excise invoice , which you buy with excise mfg or dealer or first stage dealer. and no set off for service tax output payable set off is allowed.
16 August 2014
for trading you sell the goods in excise invoice , which you buy with excise mfg or dealer or first stage dealer. no service tax output set off is allowed.
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