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This query is : Resolved

Tejashwini (Querist)

11 December 2008 Hello members,

Can a company - manufacturing avail credit on audit fees and security chargeds

Thanx in advance
Tejashwini

CS Vivek Hegde

CS Vivek Hegde (Expert)

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

Tejashwini

Tejashwini (Querist)

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

CS Vivek Hegde

CS Vivek Hegde (Expert)

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

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