Units earning income from Trading Activities (Purchase and Sales) as well as commission Income are allowed to utilise cenvat credit in respect of Telephone Expenses and Audit fees on prorata basis by the Service tax Department . Is it correct?
Units earning income from Trading Activities (Purchase and Sales) as well as commission Income are allowed to utilise cenvat credit in respect of Telephone Expenses and Audit fees on prorata basis by the Service tax Department . Is it correct?