Service tax input credit
ramesh vadnala (service) (208 Points)
03 August 2016ramesh vadnala (service) (208 Points)
03 August 2016
K.RAJA
(Tax Consultant)
(217 Points)
Replied 03 August 2016
Dear Sir,
As per Rule 2(1) of Cenvat Credit Rules 2004 "input service" means any service used by a provider of output service for providing an output service or used by the manufacturer, whether durectly or indirectly, in or relation to the production of final products and clearance of final products, upto the place of removal.
so you are elgible to take this cenvat credit and utilising the same for payment of duty/taxes on the final product/output services.