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TaxTMI 
Provisions for availing cenvat credit for a manufucturer cum Service tax provider
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....rovisions for availing cenvat credit for a manufucturer cum Service tax provider<br> Query (Issue) Started By: - sunil mehta Dated:- 20-9-2006 Last Reply Date:- 22-9-2006 Service Tax<br>Got 1 Reply<br....
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....>Service Tax<br>What are restrictions for a manufucturer cum Service tax provider in Cenvat Credit Rule, 2004?(in context of input services credit taken as a manufacturer but utilsed in payment of ser....
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.....tax on commission income) i.e. what 'user test' we have to follow assuming that output services are taxable & finished goods mgf. are excisable? Reply By Vijay Chitte: The Reply: Dear Sunil, If you ....
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....are manufacturer cum Service provider then you will have to maintain serparate records for taking and utilisation of cenvat credit. "As per defination of input service means, any service used by provi....
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....der of taxable service for providing an output service", taking the veiw of input service defination, it is advisable that do not follow the procedure of input services credit taken as a manufacturer ....
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....and utilized againt in payment of service tax on commission income, Becuase if input services are used in the manucturer fo final product you can utilize this serivce tax credit only on excise duty li....
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....abilty subject to the comliance of CC rule. Vijay Chitte-Claris<br> Discussion Forum - Knowledge Sharing ....