Cenvat credit of service tax

This query is : Resolved 

17 January 2013 Can we take CENVAT Credit of service tax paid to bank on bank guarantee services provided by the bank against service tax payable on output services provided by construction company in the field of electricity line?

17 January 2013 Yes. Service tax paid on banking services such as bank charges, Commission on BG can be taken as CENVAT under service tax, it is related to business operations only


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