INPUT CREDIT

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CAN PRACTISING CHARTERED ACCOUNTANT TAKE INPUT CREDIT ON TELEPHONE BILL AND COURIER BILL ON WHIH HE HAS PAID SERVICE TAX

Replies (2)

YES CA CAN TAKE INPUT CREDIT OF SERVICE TAX PAID BY HIM ON TELEPHONE AND COURIER.

Yes as these are input services - ST charged by other CAs or other professionals, so are group accident policy, AMC of equipments / DG set / rent ( if ST paid on any of these). The central excise duty on equipments/ computers if under  avlid invoice ( regisration under CE + indication of CAD separately) are also eligible.


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