TaxTMI 
TaxTMI 
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
Service Tax Input Credit Utilized
22 Nov 2013 
3 Replies 
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Cenvat credit can discharge excise duty or output service tax when services relate to manufacture under Cenvat rules.
Cenvat credit taken on Inputs, Capital Goods and Input Services is held in a common pool and, under rule 3(4) of the CENVAT Credit Rules, 2004, may be utilized for payment of excise duty on goods or service tax on output services; when the services on which credit is availed relate to manufacturing directly or indirectly, no restriction is placed on such use. (AI Summary)
Cenvat credit taken on Inputs, Capital Goods and Input Services is held in a common pool and, under rule 3(4) of the CENVAT Credit Rules, 2004, may be utilized for payment of excise duty on goods or service tax on output services; when the services on which credit is availed relate to manufacturing directly or indirectly, no restriction is placed on such use. (AI Summary)