Discharging of service tax liability against Cenvat credit

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....ischarging of service tax liability against Cenvat credit<br> Query (Issue) Started By: - Manoj Kumar Sharma Dated:- 1-4-2007 Last Reply Date:- 3-4-2007 Service Tax<br>Got 1 Reply<br>Service Tax<br>1.....

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.... Can a mfg. co. discharge its service tax liability by debiting in Cenvat credit account ? Co. wants to avail 75 % abatement. Manoj Reply By Madhukar N Hiregange: The Reply: Availing the 75% deductio....

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....n is possible as long as the declration of non availmentof credit / Not 12/2003 exists. It should be possible to utilise the cenvat credit for payment of the freight liability, however there maybe a ....

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....question of how input services are used to pay for liability on input servcies. Practically we suggest to pay the same in cash and avail the credit immediately.<br> Discussion Forum - Knowledge Sharin....

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