Dear Expert,
I have a one query. Our company paid professional fees for management service to individual including service tax @ 12.36% on his fees. Our company also provide management service to GOVT sector i.c (Forest research Institute) raised professional fees add service tax @ 12.36% on the fees.
Kindly confirm company can availed credit of input service tax for payment of output service tax.
you can take input credit which are closely related to your output services; it would be better if you name what services you are providing and what input credit you intend to take to make a correct and clear answer
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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