Input credit
This query is : Resolved
11 December 2008
Hello members,
Can a company - manufacturing avail credit on audit fees and security chargeds
Thanx in advance
Tejashwini
Can a company - manufacturing avail credit on audit fees and security chargeds
Thanx in advance
Tejashwini
11 December 2008
Tejashwini
Yes u can avail credit. But the same can be use for paying Service Tax and not the Central Excise bcz u wl pay service tax on audit fee or security charges
rgds
Vivek
Yes u can avail credit. But the same can be use for paying Service Tax and not the Central Excise bcz u wl pay service tax on audit fee or security charges
rgds
Vivek
11 December 2008
Hi vivek
Thanx for your reply
further u said you cannot take credit on central excise, bcz u wl pay service tax on audit fee or security charges. This point is not clear. pls clarify
Thanx again
Tejashwini
Thanx for your reply
further u said you cannot take credit on central excise, bcz u wl pay service tax on audit fee or security charges. This point is not clear. pls clarify
Thanx again
Tejashwini
13 December 2008
Tejashwini
Sorry for the unclear reply. If u r registered under Central Excise only u can take credit of the srvice tax paid on the above services. Suppose if u r registered under Service Tax also u should take credit of the above ST paid to pay service tax only.
But u clearly mentioned "MANUFACTURING CO". So undoubtedly u can take credit.
regards
Vivek
Sorry for the unclear reply. If u r registered under Central Excise only u can take credit of the srvice tax paid on the above services. Suppose if u r registered under Service Tax also u should take credit of the above ST paid to pay service tax only.
But u clearly mentioned "MANUFACTURING CO". So undoubtedly u can take credit.
regards
Vivek
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