Whether, input tax credit is allowed for service Tax paid after getting benefit of abatement..?
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Service tax
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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.
- Cenavt credit on capital goods
- Cenvat credit on Input Goods
- 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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