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TMI BlogCENVAT AVAILAMENTX X X X Extracts X X X X X X X X Extracts X X X X ..... CENVAT AVAILAMENT X X X X Extracts X X X X X X X X Extracts X X X X ..... aments filed. We produce both exempted as well as dutiable final product. Whenever we produce dutiable finished goods we avail CENVAT credit on the inputs (raw material alone). During the operation we ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... engage contract labours , securities, transport services for which we paid sizeable amount of service tax. Since we produce dutiable and exempted products (Notification 30/2004) we can't distingu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ish the services related to dutiable as well as exempted products production. Therefore except Raw material we do not avail CENVAT credit for service related matters. Kindly advise whether we can take ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... service tax credit. Reply By KASTURI SETHI: The Reply: SH.RAMESH ANANTHAKRISHNAN, You can take cenvat credit of Service Tax paid on input service and utilise the same for payment of Central Excise ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... duty. Since you are manufacturing dutiabe and exempted goods you are required to follow the procedure laid down in Rule 6(3) of Cenvat Credit Rules, 2004 for reversal of Cenvat Credit involved on com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mon inputs. Reply By Ganeshan Kalyani: The Reply: I agree with Sri Kasturi Sir. If the input is commonly availed for both dutiable and exempt goods then reversal of credit is required as per the rul ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e mentioned by Sri Kasturi Sir. Thanks. X X X X Extracts X X X X X X X X Extracts X X X X
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