Service tax input credit
This query is : Resolved
RAVINDRA POOJARY
(Querist)
10 June 2012
Please let of know list of expenses on which service tax is paid can be utilised for servicetax input credit .
RENGARAJ R.K
(Expert)
11 June 2012
While asking the query, please state what is the service you are doing. This will be easier for answering the question. Because, service tax input credit is not extended to all services, especially capital goods.
The basic Rule 2(1) defines the term "input service" as any service used by a provider of taxable service for providing an 'output service'. Specific capital goods are allowed for certain services.
rengaraj r.k
The basic Rule 2(1) defines the term "input service" as any service used by a provider of taxable service for providing an 'output service'. Specific capital goods are allowed for certain services.
rengaraj r.k
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