cenvat on bus service

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....envat on bus service<br> Query (Issue) Started By: - sarat sahoo Dated:- 2-8-2016 Last Reply Date:- 2-8-2016 Service Tax<br>Got 4 Replies<br>Service Tax<br>Sir Cenvat credit can be allowed on bus ser....

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....vice,renting of bus to carry student by a commercial institute or not Reply By KASTURI SETHI: The Reply: If you want to avail abatement, Cenvat Credit is not admissible in terms of notification no.2....

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....6/12-ST dated 20.6.12 as amended from time to time. ( See Serial No.9 of Notification). Also go through Notification No.30/12-ST dated 20.6.12 as amended for partial RCM ( See Serial No.7(a) and 7(b)....

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.... of Notification). Reply By Ganeshan Kalyani: The Reply: Sir, also refer Cenvat credit rules. I agree with Sri Kasturi Sir&#39;s reply. Thanks. Reply By Rajagopalan Ranganathan: The Reply: Sir, A....

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....ccording to rule 2 (l) (B) of Cenvat Credit Rules, 2004 &quot; services provided by way of renting of a motor vehicle], in so far as they relate to a motor vehicle which is not a capital goods&quot; i....

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....s not &#39;input service&#39;. Hence you are not eligible for credit of service tax paid on renting og bus to carry students. Reply By KASTURI SETHI: The Reply: I agree with the condition explained ....

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....by Sh.Ranganathan, Sir..<br> Discussion Forum - Knowledge Sharing ....