Cenvat credit on common input services

[Guest]

Respected Sir, We are providing Air Travel Agent, Rent a Cab, & Tour operator Services. We are claiming abatement on Tour operator and Rent a Cab services. We are using common input services for providing all the three output services. Now my question is how much cenvat credit we can avail on common input services used for providing output services? Thanks

AI Summary

Debate on CENVAT Credit Eligibility for Air Travel Agent and Tour Operator Services Amid Abatement Claims A discussion forum addressed the issue of availing CENVAT credit on common input services for an entity providing Air Travel Agent, Rent a Cab, and Tour Operator services. The entity claims abatement on certain services and seeks guidance on credit eligibility. One contributor suggests paying 8% on the abatement value to avail full credit or reversing credit for specific services. Another adds that 100% credit on specified services is available as certain restrictions don't apply. Others argue that no credit is eligible when opting for abatement, citing relevant notifications and suggesting abatement as the preferable option.