Respected Sir/Madam...
I have one query regarding admissibility of CENVAT in Abatement cases.....
Example.. A company engaged in Shipping/Barging activity, having 50% abatement on Output Service tax payable.Whether the same company is allowed 100% or 50% of input Credit on the service used for such Shipping/Barging Activity....
You need to read that abatement notification...the same will certainly provide for restrctions if any on availing of cenvat credit...
Saini Pati Shah & Co LLP, Chartered Accountants
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