SERVICE TAX CREDIT
Jiwan singh (service) (393 Points)
13 June 2008Jiwan singh (service) (393 Points)
13 June 2008
Vijay Chitte
(Service)
(173 Points)
Replied 14 June 2008
Yes, You can take all input service tax credit, which is related to your business. If you are not providing any exempted service u can take all eligible service tax credit as quated in your query. If you are providing taxable as well as exempted service you can not take 100% credit. For that you have to follow the rule 6 of Cenvat credit rules.