Set off of service tax paid on reverse charge basis

This query is : Resolved 

26 May 2010 Dear all,

we are pvt ltd co., manufacturer of dyes,
i want to know, whether service tax paid on reverse charge basis can be set off against excise payment.

Thanks in advacne.

Regards,
Sushil.

27 May 2010 Yes in my opinion, except for GTA outward, you can use take credit of sevice tax paid on reverse charge method.



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