input credit service tax...

Prachi Jindal (CA-Article-Final-Student)   (129 Points)

02 October 2010  

Hello everybody...plz tell....

if a manufacturer has paid service tax on the services that he availed during production period...will he be entiteld to have credit available to set excise paid on output...and viceversa...!! means is this same apply for a person who paid excise at the time of purchase of the product that he is using for providing services...will he be entitled to excise input...???  what in the case of if CST paid in both cases....!! means Is CST credit is available to set service tax paid and viceversa...?? plz tell...its urgent.

Thanks in advance.