https://www.taxtmi.com/forum/issue?id=4836 Input service credit may be utilised to pay excise duty on finished goods or to pay service tax on provision of taxable services, but such credit cannot be used to discharge service tax liabilities arising under the reverse charge mechanism; utilisation and conditions are governed by the CENVAT Credit Rules. en-us Sat, 20 Oct 2012 10:07:01 +0530 Thu, 23 Jan 2025 15:57:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4836 Input service credit may be utilised to pay excise duty on finished goods or to pay service tax on provision of taxable services, but such credit cannot be used to discharge service tax liabilities arising under the reverse charge mechanism; utilisation and conditions are governed by the CENVAT Credit Rules. Discussion-Forum Service Tax Sat, 20 Oct 2012 10:07:01 +0530 https://www.taxtmi.com/forum/issue?id=4836