Cenvat Credit in respect of Repair and Maintenance

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..... A is engaged in trading of Airconditioners also into the business of repair maintenence contracts of Airconditioners undertaking AMC's. Further A is taking input tax cerdit @100% in respect of inp .....

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..... ut service in relation to Repair Maintenence /Security and on telephone/courier/photocopy/medical insurance of employees paid by employer taking cenvat credit retricted to 20% of service tax payable .....

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..... .Kindly explain whether claiming correct. - Reply By Surender Gupta - The Reply = Yes, Maintenance or Repair / Security and other Services in terms of rule 6(5) are eligible for 100% cenvat credit .....

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..... . Rest of the services, Cenvat Credit is restricted to 20% of service tax payable. - Cenvat Credit in respect of Repair and Maintenance - Query Started By: - puneet Dated:- 16-4-2006 Service Tax - G .....

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..... ot 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - .....

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..... TaxTMI - TMITax .....

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