Cenvat credut of service tax


This query is : Resolved 

(Querist)
12 October 2009 Can We take benefit of cenvat credit for payment of service tax on advertisement expenses by a private tution institute to
an advertising agency?

12 October 2009 Definitely, as the input service wholly attributed to your output service you will get 100% input credit of service tax paid.

12 October 2009 AS YOU HAVE TO ESTABLISHED THE LINK AS THE ADVERTISING SERVICE IS USED FOR THE PROVIDING THE TAXABLE SERVICE. AND U CAN CLAIM THE CENVAT CREDIT OF SAME


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