Dear All
kindly throw light on the procedure for taking service tax credit for a unit which involves in manufacture of excisable goods , trading , and provider of services .
Can service tax credit of one service say erection and commisioning can be utilised in paying service tax liability of works contract services ( not under composition scheme)?
A unit has claimed abatement facility in construction services , and discharges its liability of service tax through the service tax credit taken against the Erection commisioning and installation . Is the method correct ??
Kindly provide ur valuable inputs
Regards
CAclubindia
