https://www.taxtmi.com/forum/issue?id=4079 CENVAT credit may be adjusted against service tax on advance receipts for taxable services and used to discharge tax on any taxable output service. Credits from input services exclusively used for taxable outputs are fully available; credits for inputs exclusively used for non taxable outputs are not available. For common input services, credit must be apportioned proportionately, and only the attributable portion may be utilised. Thus excess credit from consultancy input services can be applied to erection service tax liabilities, subject to these apportionment rules. en-us Tue, 24 Apr 2012 09:50:19 +0530 Thu, 23 Jan 2025 15:58:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4079 CENVAT credit may be adjusted against service tax on advance receipts for taxable services and used to discharge tax on any taxable output service. Credits from input services exclusively used for taxable outputs are fully available; credits for inputs exclusively used for non taxable outputs are not available. For common input services, credit must be apportioned proportionately, and only the attributable portion may be utilised. Thus excess credit from consultancy input services can be applied to erection service tax liabilities, subject to these apportionment rules. Discussion-Forum Service Tax Tue, 24 Apr 2012 09:50:19 +0530 https://www.taxtmi.com/forum/issue?id=4079