Input credit for hiring vehicle bill paid
Querist : Anonymous
I have an query regarding service tax,
cenvat credit utilization on service tax paid on hiring vehicle bills.
my company is telecom industry , we hire several vehicles for the management works ,like providing vehicle to seniors officials and maintenance works....we paid our contractors service tax on their monthly/quarterly bills..
earlier we were taking cenvat credit on these bills, now service tax authority told us not to take cenvaT credit on hiring vehicle bills , it can recover from the company....is there any recent ruling or modification in this regard....please help me with relevant ruling or circular ...
thnks in advance
Querist : Anonymous
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