Regarding credit of input service

This query is : Resolved

Rani Jain (Querist)
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24 December 2015 Hello,

I am selling cars for which I have paid to have advertisement in newspaper. By advertising agency on bill amount they had charged service tax from us.

Now my question is whether service tax paid on input service of advertisement is eligible for credit of input service.

Trinadharao Adigarla

Trinadharao Adigarla (Expert)
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24 December 2015 We have Service Tax Registration and Collect of service Tax on Service Income ,must take input credit of Advertising Agency bill.

Rani Jain

Rani Jain (Querist)
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24 December 2015 Sir, but I am selling car and paying service tax on commission income. So whether I can take credit of input service of advertisment.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 December 2015 If the commission income is for selling the car then cenvat credit can be claimed on advertisement.

Rani Jain

Rani Jain (Querist)
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24 December 2015 Commission income is from Financer and on warranty, so now can I claim service tax credit on input service of advertisement.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 December 2015 You ca't claim it..........

Rani Jain

Rani Jain (Querist)
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24 December 2015 Thank You sir for replying, but is any specific reason for it.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 December 2015 For claiming cenvat credit the input service has to be utilized for providing out put service as per cenvat credit Rules.

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