Limit of service tax input credit

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Querist : Anonymous (Querist)
12 May 2010 Is there any limit for service tax input credit in a particular year, i.e. how much amount we can take input credit of service tax paid on mobile phone bills in a year

12 May 2010 There is no limit to the amount. The amount would be restricted to the amount of phone bills.

12 May 2010 also refer this post for different treatment of service tax credit

https://www.caclubindia.com/forum/tax-rate-for-icici-regular-income-bond-taxable--40968.asp


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