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Cenvat vredit on service tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 April 2015 We are running a Hotel having a franchisee of Best Western and we are paying them yearly Fees on which service tax is charged from us.
Now the question is whether we can take cenvat credit of Service tax paid on franchisee fees from service tax due on booking income from Hotel rooms and from restaurant.
Another thing is that we are paying service tax on
Rooms- @60% of 12.36%
Restaurant- 40% of 12.36%

Pls advice.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 April 2015 Yes you can take cenvat credit of service tax on franchisee fees.
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