TMI BlogDischarging of service tax liability against Cenvat creditX X X X Extracts X X X X X X X X Extracts X X X X ..... 1. Can a mfg. co. discharge its service tax liability by debiting in Cenvat credit account ? Co. wants to avail 75 % abatement. Manoj - Reply By Madhukar N Hiregange - The Reply = Availing the 75% de ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... duction is possible as long as the declration of non availmentof credit / Not 12/2003 exists. It should be possible to utilise the cenvat credit for payment of the freight liability, however there ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ybe a question of how input services are used to pay for liability on input servcies. Practically we suggest to pay the same in cash and avail the credit immediately. - Discharging of service tax liab ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ility against Cenvat credit - Query Started By: - Manoj Kumar Sharma Dated:- 1-4-2007 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, person ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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