TaxTMI 
TaxTMI 
TaxTMI 
My Client has running Restorant Services is paying Service Tax at the rate of 4.94 whether is eligible to take Service Tax input credit benefit ?
Restorant Service
MUNIRAJ SRINIVASAN
Restaurant Client Queries on Service Tax Input Credit Eligibility Under CENVAT Rules and Central Excise Tariff Act A client in the restaurant service sector is inquiring about eligibility for service tax input credit while paying a service tax rate of 4.94%. A respondent advises that eligibility depends on the classification of inputs under the Central Excise Tariff Act, 1944, and the applicability of CENVAT Credit Rules, 2004. The respondent suggests identifying specific inputs for further clarification and refers to the definition of Input Services as updated in 2011 for better understanding. (AI Summary)