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Cenvat Credit

This query is : Resolved 

10 February 2017 Whether service tax credit is available when payment for premium paid for policy taken of group gratuity scheme for employees to Lic?

10 February 2017 Yes cenvat credit available.
see the link.
https://taxguru.in/service-tax/cenvat-credit-of-service-tax-on-group-insurance-premium-and-mediclaim-for-existingretired-employees-allowable.html

10 February 2017 Assesse is providing service of rent of hall for wedding purpose & it is a trust

10 February 2017 Assesse is providing service of rent of hall for wedding purpose & it is a trust

10 February 2017 So it has no relation with output service, credit can be taken?

10 February 2017 Credit can't be taken if there is no relation to out put service.

10 February 2017 But it is for the business purpose, also audit service availed where input

10 February 2017 Input credit is available, when it has no direct relationship with the output service,

10 February 2017 Under cenvat ,there is no specific exclusion on such services

11 February 2017 See the link there is specific exclusion.


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