Cenvatcredit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 June 2012
I am doing an audit of a media firm, and they are paying for make-up and hair style and they are paying servicetax on the bill raised by the makeup firm.
Whether the media company can take cenvat credit of servicetax paid?
reply soon
Whether the media company can take cenvat credit of servicetax paid?
reply soon
12 June 2012
If you can establish that the services are in relation to providing a taxable services and such service is an integral part of the rendering of service, then definately yes.
However you have not stated the output service of the media firm.
Unless a nexus is established, it is quite difficult to say whether eligibility exist.
However you have not stated the output service of the media firm.
Unless a nexus is established, it is quite difficult to say whether eligibility exist.
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
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Itr 1 processing
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR 1: Details for showing Exempt Income
- Article ship defecit
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
