Service Tax & cenvat credit

[Guest]

 Is Service tax paid  allowable as credit for payment of Excise Duty & Vice-versa ?

AI Summary

Are Service Tax and Excise Duty Interchangeable for CENVAT Credit? Exceptions Apply When Recipient Pays Tax. A query was raised about whether service tax paid is allowable as credit for the payment of excise duty and vice-versa. One respondent affirmed that service tax and excise duty are allowable against each other, as both are included in the definition of CENVAT credit. Another respondent noted that there are exceptions, such as when the recipient is required to pay the tax, in which case the credit is not allowed.