Cenvt credit of input services
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 June 2013
cenvat on capital goods is available on 50-50 basis. If any insurance cover is taken on such capital good and service taxis paid on such insurance cover.
Is service tax so paid is eligible for credit on 50-50 basis or 100% basis..?
Is service tax so paid is eligible for credit on 50-50 basis or 100% basis..?
Sumit Grover
(Expert)
24 June 2013
Service tax is eligible for 100% credit.
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