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Availability of cenvat credit

This query is : Resolved 
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(Querist)
28 May 2014 A co. providing both exempted & taxable service. It has paid bank processing fees for credit facility availed of Rs. 477530 which includes Service Tax of Rs. 52530. How much cenvat credit can be availed among Rs.52530/- being both taxable & exempted service provider?
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CA DEEPAK S K

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CA DEEPAK S K (Expert)
28 May 2014 On first verification please check whether does this qualifies as in input services, if yes then apply the manner of reversal that has been given out under rule 6 of CENVAT credit rules 2004.
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Neha Gupta

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Neha Gupta (Querist)
29 May 2014 Can u plz summarize Rule 6..?
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Rupesh Jain

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Rupesh Jain (Expert)
29 May 2014 you take the credit in rule 6 service tax claim when you take after the payment of service tax.
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