Cenvat credit for service tax

This query is : Resolved

T.Sellamuthu (Querist)
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23 January 2015 Dear All,
we are running two star hotel and we are charging the service tax for Room bills @7.42%( Abtement - 40%) and Restaurant bills 4.944% ( Abatement -60%). we are paying sum amount for advertisement & Telephone bills with service tax. CAN WE TAKE CENVAT CREDIT?

Thank You
Regards
Sellamuthu.T

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 January 2015 You can take cenvat credit....

T.Sellamuthu

T.Sellamuthu (Querist)
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23 January 2015 Thank You Mr.Seetharaman Sir.

Can We take Full amount of Service tax or partial amount of Service tax? for example . we paying advertisement bills for Rs.35000/-per month and service tax of Rs.4326/- for entire Hotel. Can we take Cevat Credit in full amount or partial amount on the basis of Abatement.

Please Advice me.

Thank You

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 January 2015 You can take full amount if your entire hotel is covered for service tax. Availing abatement is not a problem.

T.Sellamuthu

T.Sellamuthu (Querist)
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23 January 2015 Dear Sir,

Can I get a Notification Link ? Please.

Thank You

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 January 2015 Please see the link.
https://taxguru.in/service-tax/cenvat-credit-input-services.html

T.Sellamuthu

T.Sellamuthu (Querist)
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24 January 2015 Thank You Very Much Sir

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