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Service tax input credit

This query is : Resolved 
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(Querist)
22 April 2015 Hi Sir,

i have came accrosed a client who is asking me to charge service tax @ 4.94 % (ie Abatement), but as i am getting the same service from my vendor @ 12.36 %, so My question is as below

1) if i give my client a bill @ 4.94 can i avail input credit ( ie set off)
2) if i get a bill from my vendor @ 4.94 for this transaction only, how can i calculate my service tax. can i avail 4.94 input credit against 4.94 output service tax paid.

waiting for your valuable reply.
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CA Neelam Maheshwari

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CA Neelam Maheshwari (Expert)
22 April 2015 1. Abatement option once exercised can not be withdrawn in mid of the year.So if you are opting abatement scheme, you have to follow it till the end of the year.

2. If you are opting for abatement than in case of some services you can not avail cenvat credit of input and input services.
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