TMI Blogservice tax credit adjustment -regX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We are clearing as such removal goods to our vendor for manufacturing components of our finished products. We had a doubt. can we adjust the service tax credit available for this removal. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Please clarify with case laws Thanks Regards, S.Ramakrishnan - Reply By Rajagopalan Ranganathan - The Reply = Sir, As per rule 2 (p) of Cenvat Credit Rules, 2004 , output service means ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... any service provided by a provider of service located in the taxable territory but shall not include a service,- (1) specified in section 66D of the Finance Act ; or (2) where the whole of s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ervice tax is liable to be paid by the recipient of service. In view of the above if you pay service tax under RCM as consignor, then it is not output service and hence you cannot take credit of se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rvice tax paid for removal of inputs as such to your vendor for manufacturing components. - service tax credit adjustment -reg - Query Started By: - Ramakrishnan Seshadri Dated:- 7-11-2016 Central ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .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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