i want to know about the cenvat credit available for manufacturing company regarding payment of service tax to cable operator, & contractor they provide food to companies guests. so company can take cenvat credit of service tax against exice duty..
27 February 2009
The credit is eligible in terms of being business expenses. The defination is not restrictive on the credit,The larger bench of CESTAT has already clarified eleigibility of canteen/ outdorr caterer as bieng eligible credit.
CAclubindia
