https://www.taxtmi.com/article/detailed?id=5515 Central indirect taxation in the food sector distinguishes excise on manufacture-defined as a process producing a new, distinct article-from service tax on declared services. Services relating to agriculture that do not alter essential characteristics are excluded from service tax, while processing that effects manufacture falls under excise. Restaurants and caterers face specific valuation and abatement rules to segregate service and goods portions, MRP exclusions, and Cenvat credit limits, with notifications and circulars defining exemptions and credit eligibility for inputs, transport and canteen services. en-us Fri, 07 Mar 2014 08:16:27 +0530 Fri, 07 Mar 2014 08:16:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5515 Central indirect taxation in the food sector distinguishes excise on manufacture-defined as a process producing a new, distinct article-from service tax on declared services. Services relating to agriculture that do not alter essential characteristics are excluded from service tax, while processing that effects manufacture falls under excise. Restaurants and caterers face specific valuation and abatement rules to segregate service and goods portions, MRP exclusions, and Cenvat credit limits, with notifications and circulars defining exemptions and credit eligibility for inputs, transport and canteen services. Articles Service Tax Fri, 07 Mar 2014 08:16:27 +0530 https://www.taxtmi.com/article/detailed?id=5515