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| Issue Id: - 1754 |
Dated: -06-02-2010 |
| By:-Vartik Choksi - View Profile |
Whether the we can avail the Cenvat Credit of service tax paid on sales commission and utilize the s |
Whether the we can avail the Cenvat Credit of service tax paid on sales commission and utilize the said Cenvat Credit for the payment of duty of excise on excisable goods. |
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Yes, pl. see my articles in service tax today which you can search at www.taxmann.com. Date of submission: - 07-02-2010 By: - CA UMA KOTHARI- View Profile
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see article Selling is a precondition to manufacture: CENVAT CREDIT FOR SERVICE TAX PAID ON ADVERTISEMENT AND PUBLICITY IS ALLOWALE, IF IT PROMOTES SALE AND THUS MANUFACTURE - Bombay high court
By: - C.A. DEV KUMAR KOTHARI Dated: - 15-09-2009
on this website and other articles on similar subjects. Date of submission: - 08-02-2010 By: - CA UMA KOTHARI- View Profile
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yes you are eligible to take credit of service tax paid on commission.
Further you can utilize this cenvat for pament of duty of excise becasse cenvat is covered under cenvat credit rules, 2004 and these rules are same for service tax and excise duty. there is no restriction of using this credit to pay excise duty. Date of submission: - 13-02-2010 By: - Anish Jain- View Profile
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