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cenvat credit

vivek gupta (chartered accountant) (51 Points)

14 February 2008

A company having registered office in delhi & factory in gurgaon, registered with service tax delhi.Whether company take cenvat credit of service tax paid on telephone bill of gurgaon factory.

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9 Replies

CA S Sundararajan (CAO) (536 Points)
Replied 15 February 2008

I think , if you received a Telephone bill in the name of the company , even in different address, you can avail CENVAT credit under ST.

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Neeta Gupta (83 Points)
Replied 15 February 2008

Yes you can take cnvet credit if its your co.expense

Ruchi Jain (CA) (84 Points)
Replied 15 February 2008

yes , it can be availed

shyam (student) (544 Points)
Replied 15 February 2008

Yes it can be

Aditya M (Student) (166 Points)
Replied 15 February 2008

Not only telephone, even mobile bills can be availed credit for the service tax paid on them. In the Service Tax Credit Rules, 2002, it was prescribed that credit of service tax was admissible only on telephone connection installed in the business premises. A clarification to this effect was also issued vide circular No. 59/8/2003-ST, dated 20.6.2003, in the context of the Service Tax Credit Rules, 2002. However, in the CENVAT Credit Rules, 2004 no such condition has been prescribed. Therefore, w.e.f. 10.9.2004, credit of service tax paid in respect of mobile telephone service is admissible, provided the mobile phone is used for providing output service or used in or in relation to manufacture of finished goods.

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CA Nikesh J Gandhi (Practise) (39 Points)
Replied 15 February 2008

if bill is in name of co.,regardless of address ,u can claim credit

CA Nikesh J Gandhi (Practise) (39 Points)
Replied 15 February 2008

if bill is in name of co.,regardless of address ,u can claim credit

OFFICESELVA (Service) (515 Points)
Replied 17 February 2008

Is there any specific reason that, the factory is not able to avail credit?

(Guest)

reg. cenvat credit on raw materials. Billing & shipping address is registered office instead of factory or works address. can customer take cenvat creadit of this consignment?