19 December 2008
Here the Taxable Service is "Rent-a-cab operator. Partial abatement is available - Tax payable on 40% of gross amount charged. Relevant Notf 1/2006 ST dated 1.3.2006. w.e.f. 1.3.2006 and 9/2004 ST dated 9.7.2004 upto 28.2.2006. Till 28.2.2006, he was entitled to take Cenvat credit on input services w.e.f. 1.3.2006, he cannot take any Cenvat credit, if he avails the partial abatement. Thanks, S. Banerjee
CAclubindia
