Hi
I am an accountant for automobile dealer( our company sell two wheeler vehicles to an end consumer). I have a doubts regarding CENVAT Credit rules. Please Clarifiy my doubts.
We pay the excise duty to our supplier when we purchase the vehicles as well as we are attracted service tax because of we provide the serivce of motor vehicles under brand name. My quesiton are
1)can i utilise the input of excise duty against the service tax liabilty ?
2) if so, shall i go for registraion of frist stage or Second stage dealer ?
Thanking you
P.Venkateswara Rao
(Accountant)
CAclubindia
