Input service tax
This query is : Resolved
24 May 2017
Can service provider take input credit of service tax paid on all the business which is not used for providing output service? For example a person who is a chartered accountant can avail input service tax which is paid by him to the hotels which is totally not related to his business?
CA R SEETHARAMAN
(Expert)
24 May 2017
Input credit can be taken only on input service utilized for providing out put service. Input credit can't be taken on services unrelated to business.
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