Sevice tax on import of service

Services which are not covered under the negative list would have to pay service tax thereon under service tax rules

no service tax on interest on loan taken from bank/financial institution from outside india. For other services, applicability ofservice tax has to be see on a case to case basis.

For Cenvat credit of service tax so paid is concerned, you can definately take cenvat credit theeron if the same is not covered under disallowed list ike renta cab service.

Better take consultation from your consultants to avoid future litigation on the same issue

Thanks and Regards,

Manoj B. Gavali