CENVAT Credit
This query is : Resolved
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
(Expert)
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
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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