Regarding input tax credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 August 2016
Hi Experts
Our client is in hotel industry and charging service tax on Banquet renting services/Restaurant services.
he is also using services of Telephone/Mobile/Security Services/Courier services and paying service tax accordingly.
Can he use/set-off the input service tax credit from output service tax liability?
Thanks
Our client is in hotel industry and charging service tax on Banquet renting services/Restaurant services.
he is also using services of Telephone/Mobile/Security Services/Courier services and paying service tax accordingly.
Can he use/set-off the input service tax credit from output service tax liability?
Thanks
PAWAN KUMAR
(Expert)
13 August 2016
yes, cenvat credit on these input services can be utilized towards service tax liability on output services.
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