Service tax paid on audit fee
This query is : Open
03 March 2010
Dear Experts,
Actually my client is into granite manufacturing business and they have central excise registration certificate.
1)they paid audit fee to statutaiary auditor. Statutaiary auditor charged service tax in their bill.
2)our client appointed a internal auditor and he been paid monthly internal audit fee,internal auditor charges service tax.
My querry is wheather input service tax can be claimed or not.
Please give your advice with explaination.
Regads,
Singh.K
Consultant.
Actually my client is into granite manufacturing business and they have central excise registration certificate.
1)they paid audit fee to statutaiary auditor. Statutaiary auditor charged service tax in their bill.
2)our client appointed a internal auditor and he been paid monthly internal audit fee,internal auditor charges service tax.
My querry is wheather input service tax can be claimed or not.
Please give your advice with explaination.
Regads,
Singh.K
Consultant.
Shyam Lal Naik
(Expert)
03 March 2010
Auditing is specifically has been mentioned as input service as per Rule 2(i) of Cenvat Credit Rule, 2004.
Cenvat available.
However, you shall examine the condition of exclusive usage of the service for taxable manufacture. Else, you need to follow Rule 6 for availement of credit.
Cenvat available.
However, you shall examine the condition of exclusive usage of the service for taxable manufacture. Else, you need to follow Rule 6 for availement of credit.
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