Cenvat credit utilization: specified input services may be used fully for taxable services without the general utilization cap. Cenvat credit on the seventeen specified input services may be utilized without application of the 20% utilization restriction when those services are used for providing taxable services. These services cannot be apportioned to individual services and are treated like capital goods; credit is not available where they are used exclusively for exempted services, but where credit is taken it may be used in full for payment of service tax on taxable services.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Cenvat credit utilization: specified input services may be used fully for taxable services without the general utilization cap.
Cenvat credit on the seventeen specified input services may be utilized without application of the 20% utilization restriction when those services are used for providing taxable services. These services cannot be apportioned to individual services and are treated like capital goods; credit is not available where they are used exclusively for exempted services, but where credit is taken it may be used in full for payment of service tax on taxable services.
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