Input credit for hiring vehicle bill paid


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 September 2011 hi Experts

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

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 September 2011 its urgent ....required your kind assurance



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query