Cenvat Credit
This query is : Resolved
HARISH KAPOOR
(Querist)
18 March 2009
Head Office being registered as ISD (Input Service Distributor)not providing any output Service, having five factories and having Service Tax Registration as service provider.
Expenses incurred at HO on Security Expenses, Advertisemnt,R &D etc and service tax paid on it can be transferred by HO to its Factories for getting the Cenvat Credit as they(Factories) are providing the Output service.
please advise that even the Service Tax paid on security Charges can be passed on to Factories by ISD, Since Advertisement and R&D costs may be said to be common cost but the same treatment should also to be given to the service tax paid on Security Expenses of HO.
Please advice.
Expenses incurred at HO on Security Expenses, Advertisemnt,R &D etc and service tax paid on it can be transferred by HO to its Factories for getting the Cenvat Credit as they(Factories) are providing the Output service.
please advise that even the Service Tax paid on security Charges can be passed on to Factories by ISD, Since Advertisement and R&D costs may be said to be common cost but the same treatment should also to be given to the service tax paid on Security Expenses of HO.
Please advice.
Rajesh Kumar
(Expert)
18 March 2009
Credit can be passed on.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- MSME disclosure and disallowance
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
