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Input credit for restaurant services

This query is : Resolved 

07 July 2015 Sir, we are accountant of Restaurant and output services are charged at Abated value of 40% but we are taking the Input for professional and other service @ 100% of service Tax, please let me know whether the ITC is to be taken @ 100% or abated Value @ 40%

07 July 2015 You can take 100% ITC.

07 July 2015 Sir, can you mention the rule or section of CCR or act where it is mentioned

07 July 2015 See explanation II to Rule 2C service tax rules. Only excise duty on inputs is not allowed.


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