RAJENDRA (CMA) (39 Points)
05 December 2014I AM WORKING IN STEEL SECTOR AND MY COMPANY TAKING SERVICE FOR HORTICULTURE ACTIVITY.NOW MY QUESTION IS WHETHER WE ARE ENTITLED FOR TAKING CREDIT OF SERVICE TAX PAID ON HORTICULTURE ACTIVITY OR NOT. IF THERE IS ANY CASE LAWS IN THIS REGARD PLZ MENTION THAT ALSO.
CMA.Baskar.V
(Cost Accountant)
(400 Points)
Replied 08 December 2014
As per Cenvat credit Rules, Input Service availed should be used for rendering output service.
CAclubindia
