Regarding input tax credit
This query is : Resolved
08 February 2017
One client, registered under Service Tax Act, showed one service at the time of Registration.
Subsequently, he offered 4 different services, though he did not get these added to the certificate.
He paid Service Tax on all services & claimed input tax credit for all bills paid by him.
S.T.O allows input tax credit for only one services for which he is registered.
Is this action correct? if no, can we site any decided case?
Kindly advice.
Subsequently, he offered 4 different services, though he did not get these added to the certificate.
He paid Service Tax on all services & claimed input tax credit for all bills paid by him.
S.T.O allows input tax credit for only one services for which he is registered.
Is this action correct? if no, can we site any decided case?
Kindly advice.
Sandeep Dharar
(Expert)
08 February 2017
Yes, if u r registered only for one service then U can claim Cenvat for that service only. U need to update ur ST-2 with the missing services.
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