https://www.taxtmi.com/forum/issue?id=111454 CENVAT credit availability for tour operators hinges on creditability of input services and the interplay with abatement rules: an amendment allowed credit on input services other than the tour operator's own input service, creating potential excess accumulation of credit for supplies like hotel accommodation and rent a cab because abatements reduced effective tax on the taxable service; regulatory limits were applied to specified input services and restrictions on inputs and capital goods remained where credit was already taken under the CENVAT Credit Rules, and later rationalisation of the abatement framework broadened input service credit where CENVAT Rules conditions are met. en-us Thu, 02 Feb 2017 17:30:37 +0530 Thu, 23 Jan 2025 15:56:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111454 CENVAT credit availability for tour operators hinges on creditability of input services and the interplay with abatement rules: an amendment allowed credit on input services other than the tour operator's own input service, creating potential excess accumulation of credit for supplies like hotel accommodation and rent a cab because abatements reduced effective tax on the taxable service; regulatory limits were applied to specified input services and restrictions on inputs and capital goods remained where credit was already taken under the CENVAT Credit Rules, and later rationalisation of the abatement framework broadened input service credit where CENVAT Rules conditions are met. Discussion-Forum Service Tax Thu, 02 Feb 2017 17:30:37 +0530 https://www.taxtmi.com/forum/issue?id=111454