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Payment of service tax through cenvat or PLA

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..... We are a manufacturing unit and have surplus of CENVAT credit for more than Rs. 1 cr. this credit has been accumulated on Capital Goods and Raw material as we are in exports also. Now we have provided .....

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..... consultancy service to a unit and we have charged Service Tax of Rs.5 lacs on invoice raised by us. Now question is whether the payable amount of Rs. 5 Lacs can be adjusted against CENVAT Credit avai .....

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..... lable from Manf activities or we should deposit thru PLA. - Reply By Dinesh Gupta - The Reply = Yes, where the manufacturing unit service providing units are same. There is no bar in using the availa .....

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..... ble cenvat credit for making payment of service tax or central excise. - Reply By Rama Krishana - The Reply = The view express by Mr. Dinesh Gupta appear to be correct. Inter use of cenvat credit is n .....

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..... o bar. You can use cenvat credit availed for the purpose of central excise to pay service tax. - Payment of service tax through cenvat or PLA - Query Started By: - ashok jain Dated:- 10-3-2009 Servic .....

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..... e Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.c .....

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..... om - TMI - TaxTMI - TMITax .....

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