TMI BlogService Tax Input Credit UtilizedX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, My client 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 - Reply 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 servi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ce tax on any output 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. Selvakumar, 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 th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... em about the intricacies involved 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 either 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 . ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Service Tax Input Credit Utilized - Query Started By: - MUNIRAJ SRINIVASAN Dated:- 22-11-2013 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal 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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