Is there any limit (in %age) to avail the service tax credit. Supose if we have paid 100 rupees on account of service tax on input service, can we avail full 100 rupees as credit from service tax payable or there is any maximum limit for availing credit.
1 Replies
A. Kiran Kumar
(Manager - Indirext Taxation)
(156 Points)
Replied 31 March 2009
You can avail the cenvat credit upto 100% on input services. But ensure that the payment should be made before availing the same.
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