Cenvat Credit on service Tax

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....envat Credit on service Tax<br> Query (Issue) Started By: - Dhanasekar Amaresan Dated:- 4-12-2010 Last Reply Date:- 6-12-2010 Service Tax<br>Got 2 Replies<br>Service Tax<br>we are a manufacturer of Ru....

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....bber products and also Equipment spares due to excemption we are not registered in Central excise dept. but we are purchasing dutiable material for input purposes. We are a service provider and payin....

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....g service tax. My query is : Can we eligible to claim cenvat credit for adjust of Service Tax and we have import duty also. Reply By CA Rachit Agarwal: The Reply: For claiming the Cenvat Credit, yo....

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....u have to maintain separate accounts for receipt, consumption of the inventory used for exempted goods and dutiable services (Output Service). If not then he can follow any of the 2 options 1. Pay ....

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....Excise Duty on entire exempted goods @ 5%. 2. Pay an equivalent amount of Cenvat Credit attributable to the exempted goods. Refer Rule 6, of the Cenvat Credit Rules, 2004 Reply By Brijesh Verma: Th....

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....e Reply: since you are providing taxable services and also manufacturing exempt goods, so you will fall under Rule 6(3) of the CCR'04.<br> Discussion Forum - Knowledge Sharing ....