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Input credit on rent a cab
A company is engaged in business of talent management ( managing celebrities ). If it incurs expense on cab for travel of celebrities which is expense for the purpose of business , is the service tax paid on such service of rent a cab eligible for input credit ?
Replies (1)
Sir,
In this regard if service provider or service receiver are not engage in similar business and such service relation in manufacturing/services in direct or indirect then eligible for Cenvat Credit.
Some observation found in this regard that is not using ing general practicing. But you can availed and utilised the same input if you are not engage in similar business.
If you found observation plz forward the same.
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