31 October 2011
Rent-a-cab has been disallowed from F.Y 2011-12 , for Cenvat Credit except for few service provider. The question is if the renting of cab is provided by Tour operator ( this is seperate categary of service than rent-a-cab service) then will it be allowed for cenvat credit?
01 November 2011
Tour operators normally avail abatement under notificaiton 1/2006-ST. As per terms of this notificaiton, the credit on input, inpur servces and capital goods is not allowed. Hence there is no question of taking of credit by tour operators.
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