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Cenvat credit

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(Querist)
21 November 2015 Ibs softwars Pvt Ltd is being set up under the direction and mentorship of Ibs computers, Whether the service tax paid on account of IBS Softwares Pvt Ltd ,can be availed through cenvat credit, by IBS Computers.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
21 November 2015 If the service is utilized as input service for providing taxable output service then cenvat credit can be claimed.

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