CENVAT Credit

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Querist : Anonymous

Querist : Anonymous (Querist)

17 September 2010 an u give information regarding cenvat credit rules. my question is that when i take one nature of cenvat credit. i take 100% credit. But when i take the cenvat credit of different natures of srevices. then how much credit will be available...???

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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17 September 2010 If you are maintaining separate books for each service, the related credit for the particular service can be taken 100%

otherwise

the credit which directly related to taxable service - 100% and general services, based on the percentage proportion of taxble services

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