https://www.taxtmi.com/forum/issue?id=106351 The operative clarification states that CENVAT credit can be availed only on the net service tax actually paid after accounting for the exemption attributable to the R & D cess; the exempted cess does not form part of the taxable service for credit purposes and credit should be limited to the net service tax liability remaining after that exemption. en-us Wed, 25 Dec 2013 16:09:23 +0530 Thu, 23 Jan 2025 15:57:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106351 The operative clarification states that CENVAT credit can be availed only on the net service tax actually paid after accounting for the exemption attributable to the R & D cess; the exempted cess does not form part of the taxable service for credit purposes and credit should be limited to the net service tax liability remaining after that exemption. Discussion-Forum Service Tax Wed, 25 Dec 2013 16:09:23 +0530 https://www.taxtmi.com/forum/issue?id=106351