There are two proprietorship concerns named A & co whose proprietor A and another is B & Co. whose proprietor is B. Both are husband & wife.
Now the business of these two proprietorship firms has been closed and one new company is made named AB & Co. with director of A & B.
A new ST-2 registeration certificate has been obtained in the name of company.
There is no service tax billing in these two proprietorship firm but input bill is received so whether input credit can be taken which is on the name of firm while filing return of company just because of transistion transaction.
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