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Input tax credit

This query is : Resolved 

05 October 2016 Dear Expert, Plz suggest, whether service tax paid on telephone bill, internet bill, & any other service we received adjusted against service tax payable to Govt.( Like input tax credit adjusted against output vat)

05 October 2016 Dear Nihar,

If the said services are used in your business i.e. not for personal use then only Credit for service tax paid to govt on said service will be utilized against service tax payable by you.



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