Whether the we can avail the Cenvat Credit of service tax paid on sales commission and utilize the said Cenvat Credit for the payment of duty of excise on excisable goods.
Cenvat credit of service tax on sales commission
Vartik Choksi
Cenvat Credit of Service Tax on Sales Commission Permitted for Excise Duty Payment Under 2004 Rules The discussion revolves around whether Cenvat credit of service tax paid on sales commission can be utilized for paying excise duty on excisable goods. A participant confirms that it is permissible to avail Cenvat credit for this purpose, referencing relevant articles and legal interpretations. Another participant supports this view, citing that Cenvat credit rules of 2004 apply to both service tax and excise duty, allowing the credit to be used for excise duty payment without restrictions. (AI Summary)