Utilization of Cenvat credit on specified 17 input services, when they are used for exempted as well as taxable services -reg.

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....ent of Revenue Central Board of Excise & Customs Dated : October 1, 2007 Subject : Utilization of Cenvat credit on specified 17 input services, when they are used for exempted as well as taxable services -reg. Please refer to letter F.No. IV/16-385/CCO/MCX-I/2005 dated 5th September, 2005 from the Chief Commissioner of Central Excise, Mumbai-I Zone on the above subject. The CC, Mumbai-I had so....

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....ce provided by him as it may be using it for various purposes and for all services provided by him. Thus, these services are similar in nature to capital goods which is a part of fixed assets/cost that cannot be apportioned for maintaining separate records. It is for this reason that there is no restriction in taking and utilization of credit on these services, so far as they are used for providin....