Provisions for availing cenvat credit for a manufucturer cum Service tax provider

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..... What are restrictions for a manufucturer cum Service tax provider in Cenvat Credit Rule, 2004 ?(in context of input services credit taken as a manufacturer but utilsed in payment of ser.tax on commi .....

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..... ssion income) i.e. what 'user test' we have to follow assuming that output services are taxable finished goods mgf. are excisable? - Reply By Vijay Chitte - The Reply = Dear Sunil, If you are manuf .....

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..... acturer cum Service provider then you will have to maintain serparate records for taking and utilisation of cenvat credit. "As per defination of input service means, any service used by provider of ta .....

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..... xable service for providing an output service", taking the veiw of input service defination, it is advisable that do not follow the procedure of input services credit taken as a manufacturer and utili .....

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..... zed againt in payment of service tax on commission income, Becuase if input services are used in the manucturer fo final product you can utilize this serivce tax credit only on excise duty liabilty su .....

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..... bject to the comliance of CC rule. Vijay Chitte-Claris - Provisions for availing cenvat credit for a manufucturer cum Service tax provider - Query Started By: - sunil mehta Dated:- 20-9-2006 Service .....

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..... Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - .....

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..... TMI - TaxTMI - TMITax .....

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