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of Cenvat Credit for input service on abated service like Restaurant etc. wef.01.04.16

Service Tax - Started By: - jai prakash - Dated:- 16-6-2016 Last Replied Date:- 21-6-2016 - Dear All,Please guide me on following:Wef 01.04.2016 Cenvat credit for input service tax will be available on proportionate basis. Is this correct?Eg. In case of restaurant service, 40% is the taxable value under service tax. In case of rent paid for the restaurant only 40% will be considered for input credit. Suppose ₹ 1,00,000 paid as monthly rent than ₹ 40,000 will be considered for input c .....

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