Utilization of cenvat credit

[Vartik Choksi]

Dear All,

I am registered under the Service of Construction of Resedential Complex service and and also certain other taxable Services.

The Construction Service provided by me is under the abatement benefit and i m liable to pay only 25% of such turnover as Service tax.

My Query is that whether i can utlize the credit earned by me from other taxable Services provided by me for paying the Service tax arising out of Construction Activity which is under abatement benefit.

Are there any Noti. TRU or ciculars for its clarity????

thanks in advance

RASAP

Parth kapoor

AI Summary

Debate on CENVAT Credit Use in Construction Sector: Restrictions and General Rules Explained, Excluding GTA Services. An individual in the construction service sector, benefiting from an abatement, inquired about using CENVAT credit from other taxable services to pay service tax on construction activities. A respondent clarified that credit cannot be availed against taxable services due to specific provisions. Another participant emphasized that CENVAT credit is pooled and can generally be used for any service tax payment, except for Goods Transport Agency (GTA) services. The discussion focused on the application of CENVAT credit rules, with differing interpretations on its utilization across services.