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
19 Sep 2013 
2 Replies 
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Cenvat credit eligibility depends on classification of inputs under the Central Excise Tariff and Cenvat Credit Rules.
Cenvat credit eligibility for a restaurant depends on classification of each input and input service under the Central Excise Tariff and their admissibility under the Cenvat Credit Rules; determination requires identifying the particular inputs/services used and analysing them against tariff headings and the post-notification definition of Input Services to decide credit entitlement. (AI Summary)
Cenvat credit eligibility for a restaurant depends on classification of each input and input service under the Central Excise Tariff and their admissibility under the Cenvat Credit Rules; determination requires identifying the particular inputs/services used and analysing them against tariff headings and the post-notification definition of Input Services to decide credit entitlement. (AI Summary)