25 September 2013
Wheather Service tax trader is eligible for taken a credit excise duty against service tax Trader Purchase a good from manufacturer and charges excise duty on bill but trader are registered under service tax and provide taxable service. wheather he is eligible to taken a excise duty in service tax ?
25 September 2013
The central excise duty charged by the supplier can be taken as cenvat credit for the service tax output tax, provided such excise duty is linked with your output service. For e.g some capital goods is required for providing output service. In this case, cenvat charged in the invoice can be used.
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