28 July 2010
In the above example , you have availed Cenvat credit Rs 93,381 . In order to discharged your output liability ie Rs, 10,000 you can pay this liability ny utilising Cenvat credit. Hence, the unutilised Cenvat credit would be Rs. 83,381/-.
You can refer http://www.dateyvs.com/cenex07.htm for more details
02 August 2010
What ever your are paying service tax in out service tax and what ever you are offseting to the payable is called cenvat input on service tax
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