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Cenvat of service tax

Nitin Sewal (Audit Assistant) (69 Points)

10 August 2016

We are manufacturer as well as service provider. Our main work is manufacturing, but for some client we provide maintenance service also, which are aprrox. 5 % of total turnover. We have taken CENVAT credit of excise as well as service tax. Now my question is that, can we use CENVAT on service tax for paying service tax liability arouse from service providing.

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2 Replies

Gagan Deep Singh (CHARTERED ACCOUNTANT) (1190 Points)
Replied 11 August 2016

Yes, you can utilize cenvat for ST liability.

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Nitin Sewal (Audit Assistant) (69 Points)
Replied 12 August 2016

Thanks Sir, We are showing CENVAT avail on SErvice Tax in Excise Return as well as service tax. Can we Utilize Service tax for both excise payment as well as service tax payment. For Example, We have Rs. 100 CENVAT on service tax. And My service tax laibility is Rs. 10. ANd we use Rs.100 as, Rs. 10 for serivce tax and Rs. 90 for excise. IS this correct or nOt?