28 October 2010
if we are charging service tax at full rate in our invoices but one of input service is at 2.58% rate? can we claim cenvat credit on that amount as input service tax?
As it is amly clear that if i am claiming the benifit of abetment rate then i can't claim for cenvat credit of any rate? but is that aplicable for the case when you are charging service tax at full rate but the input service is at discounted rate?
20 November 2010
Since you are not availing any exemption,there is no restriction on your part to avail cenvat credit.It is immaterial whether your input service provider is charging service tax on reduced rate.
CAclubindia
