Is service tax paid on telephonebill allowed ascenvat credit

Queries 392 views 8 replies

I Pay Service tax on Telephone and Broadband bill.

Is it allowed as Cenvat credit ???

whether the bill should be in the name of Partnership firm

or only my name(being the partner in the firm) on the bill is sufficient????

 

Replies (8)

Hello Deepen,

Yes you can take CENVAT of the service tax paid on telephone bills,

The bill should be in the name of entity who is availing CENVAT, means if firm eants to avail CENVAT, the bill should be in the name of firm.

Bill in the name of partner cannot be used to avail CENVAT in name of firm, as both are different person

Yes cenvat credit can be claimed.

I agreed with Mr. Sourabh .

yes you can take cenvat credit provided it is used for business
If partnership firm taking cenvat credit, Bill should be in the name of partnership firm only..As both are different person..
And it should be used for business purposes only..

Thank you Sourabh and all.

The eligible input service used for provding taxable services wouldbe available as long as the telephone is used for business. If in office even if in the name of the partner - eligible.

Cenvat is a benifical scheme to avoid cascading of taxes abd therefore elitimate biusiness xp are available.


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