Centvat credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 August 2011
dear All
our company is in the business of restaurant services.My query is can we claim cenvat credit on service tax paid on credit card collection charges and also to accounting charges ?( company outsourced the accounting charges to outside firm . they are collecting service tax on the invoice amount)
Thanks
our company is in the business of restaurant services.My query is can we claim cenvat credit on service tax paid on credit card collection charges and also to accounting charges ?( company outsourced the accounting charges to outside firm . they are collecting service tax on the invoice amount)
Thanks
CMA Ramesh Krishnan
(Expert)
04 August 2011
yes. Cenvat on Activities related to business like Accounting, auditing, financing can be taken
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