Cenvat credit on bank charges- on outward remittance
Karthik Pugalraj (Audit Assisstant) (29 Points)
02 November 2016Karthik Pugalraj (Audit Assisstant) (29 Points)
02 November 2016
Mahendra
(Chartered Accountant)
(154 Points)
Replied 02 November 2016
Yes, provided your output service is taxable else you have to follow provisions of Rule 6 of CENVAT Credit Rules.