Please Help: Cenvat Credit of Service Tax

Posted Date : 12-May-2012 , 10:03:08 pm | Posted By CA Bhuvnesh Kumar

Can Cenvat of Service tax be utilised even if it is not directly or indirectly related to the Head of service for which service provider is regd.?

Category : Service Tax | Answers : 2 | Comments : 1 | Hits : 253

Answers

Answer By:

Credit can be taken and utilised for input services used in providing output services even though service provider may not be registered for that particular output service.

Answer By: Ashish Chaudhary

If the expenditure incurred is covered by inclusive part of the definition of Input Service as provided under Cenvat Credit Rules, credit shall be admissible notwithstanding the fact that it may not be directly related to provision of output service.