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TMI Blogcenvat credit taken for service tax paymentX X X X Extracts X X X X X X X X Extracts X X X X ..... hello sir, we are small scale manufacturer of weighbridge our turnover is below 1.5 cr we are not registered under excise registration but we are registered under service tax act. for manufacturing process we purchased raw material of steel and paid excise (cenvat) at the time of purchase when our final product is completed we installed that at the place of costomer our bill is raised separat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ely as a sales invoice for weighbridge and another invoice for installation service bill. when we paid service tax we are taken excise input credit (cenvat credit) at the time of payment of service tax payment. is it correct..? please advice us... thanks.. d.a.sapkal - Reply By Rajagopalan Ranganathan - The Reply = Sir, What is your turnover during previous financial year in respect of ser ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vices provided by you. If it is within the limit of ₹ 10 lakhs in a financial year then you need not pay service tax. Since you are availing exemption from payment of excise duty on the ground that your turnover does not exceed 1.5 Crore limit in a financial year you cannot avail cenvat credit of duty paid on inputs, capital goods and input services utilized by you in the manufacture of w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eigh bridge. Therefore the question of utilizing such crfedit for payment of service tax does not arise. - Reply By SHIVKUMAR SHARMA - The Reply = Please Provide The Period of Your transaction. - Reply By KASTURI SETHI - The Reply = Incorrect approach. Agree with Sh.Ranganathan, Sir. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = I also endorse the views of Sri Rajagopalan - Reply By ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... PAWAN KUMAR - The Reply = Incorrect. Your primary activity of business is manufacturing which you are claiming ssi exemption under excise. The inputs, input services and capital goods utilized in such manufacturing is not claimable as cenvat credit under excise law. Your secondary activity is installation of weighbridge at customer premises. The inputs used in manufacturing of weighbridge is not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... admissible to you and thus you cannot take and utilize the cenvat against your output liability under service tax. The answer given by sh rangathan sir is correct. - Reply By KASTURI SETHI - The Reply = During September, 2004 Cenvat Credit across the board was allowed i.e. Credit of Service Tax paid on input service was allowed in Central Excise and CE duty paid on excisable goods(inputs) was a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... llowed in Service Tax sector. So Across the board was applicable only if you were registered with Central Excise and Service Tax both. - cenvat credit taken for service tax payment - Query Started By: - Dnyaneshwar Sapkal Dated:- 16-9-2018 Service Tax - Got 6 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagementindia - 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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