Credit of input service tax with central output excice duty

[Guest]

can we make credit of input service tax with central output excice duty?

[Ravi Chopra]

Yes, kindly read the provisions of Rule 2(l) of the Cenvat Credit Rules, 2004.

AI Summary

Cenvat credit offset: input service tax may be used to discharge central output excise duty under the governing rules. Whether credit of input service tax may be utilized against central output excise duty is answered affirmatively under the statutory Cenvat mechanism: the Cenvat Credit Rules, 2004 define and permit the use of input service tax credit to discharge excise duty liabilities, subject to the Rules' eligibility and compliance conditions.