https://www.taxtmi.com/circulars?id=4251 Cenvat credit on the seventeen specified input services may be utilized without application of the 20% utilization restriction when those services are used for providing taxable services. These services cannot be apportioned to individual services and are treated like capital goods; credit is not available where they are used exclusively for exempted services, but where credit is taken it may be used in full for payment of service tax on taxable services. en-us Mon, 01 Oct 2007 00:00:00 +0530 Thu, 05 Jan 2012 16:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4251 Cenvat credit on the seventeen specified input services may be utilized without application of the 20% utilization restriction when those services are used for providing taxable services. These services cannot be apportioned to individual services and are treated like capital goods; credit is not available where they are used exclusively for exempted services, but where credit is taken it may be used in full for payment of service tax on taxable services. Circulars Service Tax Mon, 01 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4251