Does a manufacturing company is eligible to avail input of service tax paid as receipent of service on car hire for employees?
purav radia (executive) (36 Points)
05 July 2012Does a manufacturing company is eligible to avail input of service tax paid as receipent of service on car hire for employees?
Ajit kumar Dubey
(Taxation Manager)
(637 Points)
Replied 05 July 2012
pahuja
(C.A Final Student )
(472 Points)
Replied 05 July 2012
Hi Purav
services on the left side of the following table are eligible for credit only in respect of any of the output services listed on the right hand side.
|
Input services |
Output service |
|
general insurance (d) |
courier agency (f) |
|
renting of a cab (o) |
tour operator(n) |
|
repair, reconditioning, restoration etc of any motor vehicle (zo) |
rent-a-cab(o) |
|
supply of tangible goods( zzzzj) |
cargo handling agency (zr) |
|
|
goods transport agency(zzp) |
|
|
outdoor caterer(zzt) |
|
|
pandal or shamiana contractor(zzw) |
If your manufacturing concern falls any of the above output services only then you can avail ther credit of Rent a cab service.
Thanks and Regards
Suraj Pahuja
Pahujasurajandassociates @ gmail.com
CAclubindia
