24 May 2017
Can service provider take input credit of service tax paid on all the business which is not used for providing output service? For example a person who is a chartered accountant can avail input service tax which is paid by him to the hotels which is totally not related to his business?
24 May 2017
Input credit can be taken only on input service utilized for providing out put service. Input credit can't be taken on services unrelated to business.
CAclubindia
