Service Tax & cenvat credit, Service Tax

[Akshay AGARWAL]

 Is Service tax paid  allowable as credit for payment of Excise Duty & Vice-versa ?

Posts / Replies

[PANKAJ GROVER]

YES

Service Tax and Excise Duty are allowable against each other as the Definition of CENVAT Credit includes both the Service Tax and Excise Duty..

[NEERAJ KUMAR, RANCHI]

In certain cases it is not allowable, like in case where te recipients is required to pay tax, it is not allowed.