05 June 2014
We have Charge Service Tax on Commission to our Client, can we set off on service tax paid on Telephone Bill and other exp which we paid service Tax Kindly Suggest me
05 June 2014
If you are providing only taxable services then you may take cenvat credit paid on input services including telephone bill. If you are providing taxable as well as exempted services then cenvat credit may be taken only against those input services which are used for providing taxable services.
CAclubindia
