Our company is engaged in two activities 1. Sale of vehicle – VAT 2. Repair, reconditioning, restoration, or decoration or any other similar services, of any motor vehicle – Collecting Service Tax from its customer
Company also pays service tax against vendor Bills 1. Telephone Bills 2. Rent 3. Security charges 4. Professional charges 5. Bank charges The above services are used for sale and service category My question is whether company can take input credit from above listed service bills while making service tax payment.?
CAclubindia
