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Cenvat input on bank lc & bg & regular charges

This query is : Resolved 

23 January 2014 Dear Experts,

Can a service provider (Corporate) utilize the input service tax on above said and any other bank cahrges paid to his banker as CENVAT Credit for payment of service tax? If you have any reference, circular or case judgement or ruling, supporting your advise / view, please provide me.

Thanks in Advance.

Regards,
Srinivas

23 January 2014 Dear Srinivas, as per Rule 2(l)of Cenvat Credit rules,Input service means any service, -
(i) used by a provider of output service for providing an output service
The input services which are used in business are eligible as per the defination itslef. You are eligible to avail the credit

23 January 2014 Thank You very much for your quick response dear R.S.


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