Pratik Patel (Service) (48 Points)
12 September 2009Dear Friends.
We have recieved Excise Invoice of our Raw Material. In Excise Invoice our Supplier Charge Excise Duty + Service Tax. Can we take Credit of Excise Duty + Service Tax and it is possible to make Invoice with Excise Duty + Service Tax.
Ajay Raghatate
(Sr Executive (Excise & Accounts))
(736 Points)
Replied 12 September 2009
Yes you can take credit of service Tax also,
Some Manufacturer, Charged freight and Service Tax on freight in Invoice. at that time you have to take credit of Cenvat as well as service tax also.
soni chauhan
(Service)
(670 Points)
Replied 12 September 2009
Yes,this is possible & u can avail credit of Cenvat as well as Sevice tax .
CAclubindia
