Hello
This is regarding cenvat credit rule for service tax liability on Air Tickets issued for end users and purchased from Agencies charging service tax from us.
Service Tax can be charged two ways:
A) with full % on service charges only, &
B) with abaded % on taxable service value.
My query is:
What % / How much of Cenvat benefit can be availed it the service tax is charged vide option (B)? &
What % / How much of Cenvat benefit can be availed If the service tax is charged vide option (A)?
Regards
Rishi Bansal
CAclubindia
