Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Service Tax Input Credit Utilized

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Service Tax Input Credit Utilized
Query (Issue) Started By: - MUNIRAJ SRINIVASAN Dated:- 22-11-2013 Last Reply Date:- 4-12-2013 Central Excise
Got 3 Replies
Central Excise
Dear Sir, My c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lient have Service tax Input credit of Rs. 42 Lakhs and he had utilized for payment of excise duty, supt of central excise he wants what basis you have utilized and what provision kindly explain Repl .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y By PAWAN KUMAR: The Reply: As per my view, Cenvat credit whether taken on Input, Capital Goods & Input services can be utilized for the payment of excise duty on goods or service tax on any output .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... services as per rule 3(4) of the CENVAT Credit Rules,2004 under common pool. Reply By Advocate Selvakumar: The Reply: Advocates, property advocates in Bangalore, property lawyers in Bangalore S. S .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... elvakumar, M.A.,M.B.A.,LL.M., is one of the leading Advocates in Bangalore and he has been rendering useful legal services to the public since 1984 by enlightening them about the intricacies involved .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... in property transactions. For more details, http://advocateselvakumar.com Reply By Ashok Jogalekar: The Reply: Once the services on which credit is availed are in relation to the manufacturing eit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... her directly or indirectly, then, there is no restriction for its use and can be used for payment of excise duty as provided in the CCR 2004.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates