I f i have paid service tax in any transaction ( mobile bills,retaurant bills, insurance premium) will i be able to take credit of it in Excise Duty?
1 Replies
Ankit Agarwalla
(CA)
(281 Points)
Replied 29 July 2013
Service tax credit can be availed only for input services defined like inward transportation, repair etc.Detailed definition is here -
https://www.simpletaxindia.net/2012/09/input-service-meaning-cenvat-credit.html?m=1#!
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