Service Tax Input Credit

sagar (accountant) (39 Points)

01 June 2011  

Dear All,

          Please guide me on my following query:-

we are pvt ltd co.and ragistered under vat cst and service tax. recently we purchased one drawing software which cost of rs 2,91,000 including taxes. due to changes in taxation the software also attaract excise duty.heance we are not able to take modvat credit as we have not registerd under excise.the seller party has given us excise invoice.my question is can we get this modvat as a service tax input credit. please suggest because the amount of excise duty is very large.

thanks in advance

with regards,

sagar