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Cenvat credit availability on Currency exchanged

Service Tax - Started By: - kamal chordia - Dated:- 3-3-2016 Last Replied Date:- 4-3-2016 - Dear Sir We are manufacturer exporter, as per notification no 26/2011 Service Tax dt 31.03.2011 our bank charged service tax on currency exchanged (export rel .....

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- The Reply = Sir,In my opinion service tax paid on currency exchanged (export reliasation) is an post export activity. Hence the same cannot be availed as credit. In respect of export only service tax paid on input services utilized for export of f .....

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at credit is admissible. Since you are manufacturer-cum-exporter of dutiable final product. Thus ST paid can be taken as input service for utilization in relation to manufacture and clearance of dutiable finished goods. Needless to say exported goods .....

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