Service tax input for car dealers comapny

 

we are a car dealership company engaged in selling car and running service center we get a lot of inbput service and a lot of capital goods are purchased on which cenvat credit is available . we are both receiver and provider of service ,

 

i want to know the extent upto which we can claim input of excise and service tax 

'

 

please give reference of the relevent law also

 

Replies (1)
You will be entitled to take proportionate credit on the percentage of taxable turnover by total turnover.

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