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Service tax

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Articled Assistant
34 Points Joined September 2009

Whether, input tax credit is allowed for service Tax paid after getting benefit of abatement..?

 

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On 19 September 2012 at 07:41 Report
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Knowledge Seeker
3711 Points Joined June 2009

 

Generally it is assumed that if abatement is availed then service provider cannot claim Cenvat credit . But this is not correct in all cases . So one has to check all the conditions placed against the abatement rules. 
 
Cenvat credit may be divided in three categories.
  1. Cenavt credit on capital goods
  2. Cenvat credit on Input Goods
  3. Cenvat credit on Input services. 
so while availing abatement one should ensure that all the conditions are satisfied and whether Cenvat credit can be availed for the respective service.

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On 19 September 2012 at 10:09

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