10 December 2010
Hello Members, my query is regading claiming of CENVAT by Banks. Whether as Bank can take 100% CENVAT credit irrespective of the fact that they are also providing exempt services. Is there any notification in this regard.
12 December 2010
If exempt services are provided then credit on common inpout services can betaken for 16 notified services. other have to be proportionate.
CAclubindia
