Credit availability of the service tax as per the invoice

[Asked by Guest]

Chapter 106 Credit of Service Tax and Excise duty, in this chapted speccified 16 input services, credit would be disallowed when these services ared used exclusively in providing exempted services, otherwise full credit would be allowed. Query : For the above chapter, mention in 16 services, can we interprate that all the bills are came in to the address of factory premises, including any of the specified in 16 services are elligible for credit? (i.e. we have insurance policy of plant Rs.1010200, (premium rs.100000 and service tax is 10200), can we take the full credit of Rs.10200?)vijay chitte

AI Summary

Input service credit available for insurance premiums used in relation to manufacture; apportionment and distribution rules apply.
Service tax credit is available where a service qualifies as an Input Service and is used in or in relation to manufacture or clearance of excisable goods; insurance premiums can qualify and attract credit. Full credit is permitted for assets used exclusively in manufacture, while mixed use requires apportionment under the Cenvat Credit Rules. Credits billed to other premises may be shared through the Input Service Distributor mechanism.