Service tak credit on telephone bill used by two co.
This query is : Resolved
Mahender Jain
(Querist)
27 March 2009
there are four telephone in our company, whos 90% exp debited in our company and 10% exp. debited in other company,
so how much service tax credit we can book in our company
so how much service tax credit we can book in our company
27 March 2009
whatever the expenses of telephone are booked in the co are eligible for credit.
Mahender Jain
(Querist)
28 March 2009
my means, if Telepone bill is Rs. 10000/- in Which Service Tax Rs. 1236/-.
Now we booking Rs. 8000/- in A company and Rs. 2000/- in B Company
then how much credit of service tax credit can be taken by A Company.
All of Service tax i.e. Rs. 1236/-
or
part of service tax i.e. Rs. 1236*80%
Now we booking Rs. 8000/- in A company and Rs. 2000/- in B Company
then how much credit of service tax credit can be taken by A Company.
All of Service tax i.e. Rs. 1236/-
or
part of service tax i.e. Rs. 1236*80%
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