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Correlation of input tax crdit with output

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..... Correlation of input tax crdit with output
Query (Issue) Started By: - chaganti srinivas Dated:- 7-9-2009 Last Reply Date:- 8-9-2009 Service Tax
Got 1 Reply
Service Tax
We are basically m .....

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..... afr's of Pre fab Building and taking Service tax credit of Sercurity services, Man power, Banking charges, telephone charges etc and paying some times against Erection & Commission of our material and .....

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..... some times tranfering to Excise credit. Is is necessary to Co-relate the input service tax credit with output services and Can't we avail the said service tax credits?. Pleaes clarify. Reply By Niti .....

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..... n Bhisikar: The Reply: Dear Chaganti, If you see the Cenvat Credit Rules, 2004 defination of input service is illustrative in nature by using the word "such as". Therefore, it is not necessary to cor .....

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..... elate the input service tax credit with output services. With reference to your second query, there is no bar for taking cenvat credit on these services if all document exist and other requirement of .....

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..... Cenvat Credit Rules, fullfilled. Further for taking Cenvat Credit of Excise Duty on material like cement, TMT bar, angle, channal etc. for making building, it has been restricted by the recent amendme .....

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..... nt in CCR, 2004 by notification no. 16/2009 CE (NT) dated 07.07.2009. Therefore, from 07.07.2009 cenvat credit Excise Duty is not permissable on these material.
Discussion Forum - Knowledge Sharin .....

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..... g .....

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