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CENVAT credit on input services for Tour Operator

Service Tax - Started By: - Anil Garg - Dated:- 2-2-2017 Last Replied Date:- 6-2-2017 - Dear Sir,We are a tour operator, providing Inbound services to Foreign tourist, My query is on CENVAT credit notification came on October 2014, who is eligible to .....

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or without accompanied belongings, by (a) a contract carriage other than motorcab, (b) a radio taxi and (c) a stage carriage is eligible to pay service tax on 40% of of gross value charged by him subject to the condition CENVAT credit on inputs, capi .....

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query. - Reply By Ganeshan Kalyani - The Reply = I am of the same view as expressed by Sri Rajagopalan Sir. - Reply By KASTURI SETHI - The Reply = Dear Sir, Notification No.8/2014-ST dated 11.7.2014 (effective from 1.10.2014) amends Notification No.2 .....

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ll be substituted with effect from the 1st day of October, 2014. 2. Save as otherwise provided in this notification, the amendments shall come into force on the 11th day of July, 2014. Notification No.8/2014-ST dated 11.7.2014 Emphasis is on OTHER TH .....

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Dear Sirs, SCENARIO PRIOR TO NOTIFICATION NO.4/17-ST 12.1.17 (Effective From 22.1.17) Earlier, Service Providers of Tour Operator Service were not allowed to avail credit on input services because of availing abatement of 75%, 90% and 60% (S.No.11 o .....

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etc. which can result in excess accumulation of input service credit in their credit account due to very low effective/applicable rate of ST viz-a-viz very high percentage of abatements. In other words, input service credit to tour operators is allo .....

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