In continuation to my earlier query, I have the following query-
Being a Tour Operator & Travel Agent, I need to take services from my sub-agents for my clients. For which they issue Invoice in favour of my company and charge Service Tax on the service provided.
Kindly advise, if I can take Cenvat Credit of the service tax, I have paid already to my sub-agent.
Here, I would like to mention that I'm charging my clients @ 2.58% on the Total Tour Value. Means I'm claiming 75% Abatement, applicable on Tour Operator's Services.
CAclubindia
