Input credit availablity

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This query is : Resolved

sudesh (Querist)

10 February 2012 In air travel agent the ST for domestic booking is 0.6% and for international it is 1.2%. ST is paid after adjusting the input credit.
My confusion is that the company pays telephone bills inclusive of ST, whether he can claim this as Input credit against his ST payable. do we really have any notification for such claim of Input credit. please Hurry its urgent. mind the rate of ST as the rate is minimal. whether it can be adjusted or not.

CA.Abhijit Das

CA.Abhijit Das (Expert)

10 February 2012 YES..IT CAN BE.......PROVIDED 1. THE TELEPHONE CONNECTION IN THE NAME OF CO. 2.TELEPHONE BILL FOR THE RENDERING THE RELATED SERVICES..

sudesh

sudesh (Querist)

11 February 2012 thank you very much for the reply. One more thing could you please notify the no issued by CBEC in this regard and see we have not taken the input credit till now for the ST paid against the telephone expenses. now could you please assist me from when can I take the credit regarding this issue. Further more can we take the credit for the ST paid against other expenditure like audit fees or some other expenses. please sir/madam help me out as soon as possible from this query because my report is pending and I want to recommend the client with full disclosure regarding this matter along with the notification no. please its kind of urgent. Thank you
REGARDS