Recently, it has been amended that Cendvat on service tax paid on Rent of cab is not available.Kindly anyone can guide me from which date it is effective.
Thanks and regards
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Date of effect service tax on rent a cab
Replies (2)
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Date of introduction: 16.07.1997
Notification No.26/97-ST dt.11.07.1997
Tax payable on 40% of Bill
Notification No. 1/2006-ST dated 01.03.2006
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Yes,
Cenvat is not allowed to be utilised if you claim abatement as per Notification No.1/2006 dated 01.03.2006.
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