05 February 2012
Respected Experts, These doubts are with regard to availing the Service tax input credit on the input service. Please clarify me.....its very urgent for me.
1)Are we eligible to take cenvat credit on the input services such as consultation from the professionals, telephone charges, Rent etc. If yes please quote the section whether as per Cenvat Credit Rules or Central Excise Act?
2)Can we also claim the service tax paid to the bank for their services towards us such as Bill discounting, Issuing LC and all other services for which service tax is applicable?
3)Someone in our office has said that except banking services everything can be claimed...Is it True?