Cenvat credit of excise duty by service provider

Page no : 2

ankita shah (Accountant) (53 Points)
Replied 09 December 2015

Hello !!!

I have one Que.That If mfg. is Purchased Excisable goods for mfgring & Trading. and is provided taxble service also.

can he take CENVAT Credit of that paid Excise Duty?

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ankita shah (Accountant) (53 Points)
Replied 09 December 2015

Hello !!!

I have one Que.That If mfg. is Purchased Excisable goods for mfgring & Trading. and is provided taxble service also.

can he take CENVAT Credit of that paid Excise Duty?

satya (Executive Excise) (1839 Points)
Replied 10 December 2015

Dear Ankit,

Trading activity is exempted.

Here you have to follow Rule 6 of the Cenvat Credit Rule.

bhupender pawar (accountant) (21 Points)
Replied 19 January 2016

Hello,

We are a service provider & traders. I have purchase a machine for re-sale from import. can we utilize the cvd and addtional duty against service tax payable. what we charges the cvd and additional duty in the invoice at the time of sale of machinery to customer.

Please tell me.

Thanks.

Saket Khaira (3 Points)
Replied 28 May 2016

Hello,

Let me know that i am a manufacturer of excisable goods and i am taking cenvat credit only against material inputs and capital good .

Can i avail cenvat credit on service inputs in payment of excise duty.

If yes then how much i can avail

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satya (Executive Excise) (1839 Points)
Replied 28 May 2016

Yes, and you are also discharging ST liability (under RCM) na?

satya (Executive Excise) (1839 Points)
Replied 28 May 2016

Yes, and you are also discharging ST liability (under RCM) na?

Saket Khaira (3 Points)
Replied 28 May 2016

Rcm? How much cenvat credit(input services) against excise duty payment ? Is there is any % in diffrrent type of input services or it would be 100% like goods inputs used in production. M not a service provider and not filling st3

Nisha Chauhan (Working) (56 Points)
Replied 28 May 2016

Hello....

in your example in case if goods are purchase for manufacturing & trding both purpose then cevat credit is availble only related to the manufactured goods n not of trading goods...