Cenvat credut of service tax
This query is : Resolved
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?
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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