Clarification on ambiguity in the provisions of Rule 3(5) of the Service Tax Credit Rules, 2002 - regarding

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....y Circular No. 93/4/2007-ST, Dated: May 10, 2007 ST Circular No. 77/07/2004, Dated March 10th, 2004 Clarification on ambiguity in the provisions of Rule 3(5) of the Service Tax Credit Rules, 2002 - ....

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....ervices, he shall be allowed to utilize service tax credit for payment of service tax on any output service only to the extent of an amount not exceeding thirty five percent of the amount of service t....