11 September 2008
Dear experts, We have running the business activity in Trading and also provide the Interiors & Decorators Service. Further, we have received the various input services like clearing & forwarding agent, transporter by road, telephone, courier, chartered accountant, insurance, banking etc. and paid the service tax thereon. Please give me advise, How can take the cenvat credit on input service, in that case books of accounts are not separate maintain for Taxable Service or Non Taxbale Service (i.e. Trading Activity). Whether credit is eligible in that case 20% or 100%
CAclubindia
