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If any person or company received the service tax amount
from client and he purchase a construction equipment /
commercial vehicle , than can he adjusted service tax amount
which payable by him agnst excise duty of
construction equipment / commercial vehicle as per following
condition:-
1. if company involve in only construction activity.
2. If company involve in construction and manufacturing
activity both.
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Answer / tamil selvan
As per my experience, Excise Duty cannot be taken as Input
credit for service tax payment.
| Is This Answer Correct ? | 0 Yes | 1 No |
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