Request all to please provide the following information
Whether the service tax deducted by the banker on loan processing charges is eligible for claiming input on service tax or not for hotel industry.
Please provide the reply as early as possible
thanking you
Yes , it's credit can be availed & utilized for payment of Excise or s.tax.
Looking to the international treatment,,Yes it can be used to pay excise and ST
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CAclubindia
