Multiple choice

Cenvat credit can be availed of in respect of tax paid on

  1. certain specified services

  2. certain specified input services

  3. all input services

  4. all services

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Excise duty paid on input goods, service tax paid on input services and excise duty paid on capital goods make them eligible for Cenvat Credit. Thus, option 2 is correct.