Practice being adopted by leading Hotel chains to utilize Cenvat Credit beyond permissible limits - reg.

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..... s to utilize Cenvat Credit beyond permissible limits - reg. Please find enclosed herewith a copy of letter C.No.06-Zone 14-S. Tax-2009 dated 05.03.2009 received from Chief Commissioner of Customs and Central Excise, Chandigarh on the above subject, which is self explanatory. This is clear case of mis classification of taxable service for undue availment of Cenvat Credit. This issue has all Indi .....

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..... s in the categories of mandap keeper, internet cafe, outdoor catering, health club fitness service, dry cleaning, banking and other financial services and beauty parlour, have appointed Indian Hotel Company Limited as operators and managers of the hotel. IHCL is paying service tax on the service charges received from TAj GVK and Taj GVK is taking credit of the entire amount of service tax paid b .....

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..... wn in clauses (1) to (3A) of Rule 6 of Cenvat Credit Rules, 2004. 4. The 'Management Consultants Services' basically cover the services in the nature of any advice, consultancy or technical assistance. The services rendered by M/s. Indian Hotel Company Limited in the capacity of a full fledged operator of the Hotel and managing everything including catering, rooms maintenance, promoting the busi .....

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