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Cenvat Credit Admissibility

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..... Dear All We are a Multi-Product company and having a lot of factories in different geographies in India. Recently we have planned a to set-up a factory in Odisha and taken Excise Registration and Service Tax registration for same in 2011. We are started to receive services like Security Services, Feasibility Reports and Human Health Assessment study, Environment clearance study and all. We are .....

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..... accumulating cenvat of that in a 'Recievbale GL Code' Return has not been filled for Excise Registration yet. Now in 2013 We have decided not to establish that plant there and planning to shift the same in another running plant which has registration no. In 2012 Budget. Word 'setting up a factory' has been deleted from Input Service definition. How can we take the credit against these ser .....

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..... vices. - Reply By Pradeep Khatri - The Reply = Dear Paras, There were drastic changes in the definition of Input Services w.e.f. 01-04-2011 through a myopic view had been taken by the Department by deleting the words/phrases, such as, business activities, setting up a factory However, prior to April'2011, you had availed the CENVAT credit on such services, then, the same would remain valid. .....

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..... You may transfer the accumulated CENVAT credit to another factory premises situated at another location under intimation to jurisdictional Commissioner of Service Tax. Regards Team YAGAY SUN (Indirect Tax Consultants) - Cenvat Credit Admissibility - Query Started By: - Paras Ghorawat Dated:- 18-12-2013 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge S .....

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..... haring, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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