Eligibility of crdit on KKC -reg, Service Tax

[vinay wakde]

We are manufacturer as we all service provider. We are providing service under service category Supply of Tangible goods and paying service tax. The credit accumulated on various Input services received by us shall be utilized for payment of Excise duty and also for adjusting the payment of service tax on above referred service category.

As per the Notification No. 28/2016 (N.T) dated 26.05.2016 w.e.f. 01.06.2016, the CENVAT on KKC shall be available only for the service provider and the same shall be utilized towards payment of KKC.

Kindly let us know whether we have to segregate the input services which are exclusively used for our owned barges, Mini Bulk Carriers, Tugs etc. on which we are paying service tax under service category supply of tangible goods and have to take credit on KKC against that input services only?

Regards,

VINAY

 

 

Posts / Replies

[Ganeshan Kalyani]

Sir the input KKC should have nexus with the output KKC to avail the credit. Thanks.