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Cenvat credit of advertisement service

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 June 2013 Hello
Can anyone tell me whether cenvat credit is allowed on advertisement service which are charging service tax @ 1.854%.
I am a output service provider
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CA Vikas Acharya

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CA Vikas Acharya (Expert)
29 June 2013 cenvat credit of advertisement service is allowed as per rule 2(l) of cenvat credit rules.

but there could be restriction depending on what service you are providing.

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