Input credit on service tax paid on franchisee fees

This query is : Resolved

Gopal Agarwalla (Querist)
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06 January 2016 Service Tax @ 14.5% is paid along with the franchisee fees, which is non-refundable. Can we take the CENVAT credit of the same? If yes, when can we take the credit - whether whole amount can be claimed instantly or it has to be claimed as and when the franchisee fee will be written off during the phase of next 5 years?

CA. Divyansh Agarwal

CA. Divyansh Agarwal (Expert)
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06 January 2016 U can take it instantly there arebno provisions for deferment of cenvat on input services

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