if i am a service provider which is taxable service under service tax Act. I am purchasing a software on which Excise duty will be charged by the seller. Can we avail the credit of this Central excise Duty for paying service tax due to me.
Credit of excise duty paid on purchase of software
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Cenvat Credit Eligibility on Excise Duty for Software: Clarification on Imported vs. Domestic Purchases for Service Providers A service provider inquired about availing Cenvat Credit on excise duty paid for software purchases used in providing taxable services. One respondent confirmed that if the software incurs excise duty or Countervailing Duty (CVD) upon import and is used for output services, Cenvat Credit can be claimed. Another respondent questioned the availability of Cenvat Credit for domestically purchased software. (AI Summary)