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    <title>Ultilisation of cenvat for payment of service tax.</title>
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    <description>Cenvat credit is available for workshop equipment treated as capital goods with valid excise documents, while no credit is admissible on vehicles sold as such; capital goods credit is utilisable over time with part allowed in the year of receipt and the balance in later years. Service tax liability arises when charging for repair or maintenance services and does not apply to vehicle sales or typically to free services, so Cenvat may be used to offset service tax on charged workshop services.</description>
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      <title>Ultilisation of cenvat for payment of service tax.</title>
      <link>https://www.taxtmi.com/forum/issue?id=297</link>
      <description>Cenvat credit is available for workshop equipment treated as capital goods with valid excise documents, while no credit is admissible on vehicles sold as such; capital goods credit is utilisable over time with part allowed in the year of receipt and the balance in later years. Service tax liability arises when charging for repair or maintenance services and does not apply to vehicle sales or typically to free services, so Cenvat may be used to offset service tax on charged workshop services.</description>
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      <law>Service Tax</law>
      <pubDate>Fri, 08 Dec 2006 14:55:12 +0530</pubDate>
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