1 Can we take the credit of above input services, any supportive notfn./circular?. 2 Can we pay S.Tax of notification no 30/2012, thru input service tax credit 3 What is the meaning of abatement / non abatement in notification no 30/2012, for choosing one option out of two. 4 service tax on godown rent charged by transporter, whose liability to pay service tax, as the service tax not charged on godown rent bill.
Regards,
Mridul Sethi
Clarification on Service Tax: Input Credit, Notification No. 30/2012, and Abatement Explained Under CENVAT Credit Rules, 2004. A discussion on service tax queries includes questions about input service credit, payment under notification no. 30/2012, and the meaning of abatement. The response clarifies that Cenvat credit is available according to CENVAT Credit Rules, 2004, but service tax under the Partial Reverse mechanism cannot be adjusted against the credit account. It explains the applicability of abated and non-abated values in renting motor vehicles and states that the service recipient bears the ultimate burden of service tax on godown rent, depending on the service provider's registration category. (AI Summary)