SERVICE TAX CREDIT

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Can I take credit of SERVICE TAX (Input service)
 
1-     Stationery (AMC of Photocopy machines or monthly charges of Photocopy machines)
2-     Courier charges ( all correspondence of company)
3-     Traveling exp. ( service tax on hotel bills of client and employee (employee gone for business purpose)
4-      Import / Export exp.
5-      Mobile bills
 
What is the CONCEPT of Service tax credit , Please detailed
 
Can we take credit of all input service tax, whether its used for production,marketing,account & other
 
Thanks & Regards
 
Jiwan singh
Replies (2)

Yes, You can take all input service tax credit, which is related to your business. If you are not providing any exempted service u can take all eligible service tax credit as quated in your query. If you are providing taxable as well as exempted service you can not take 100% credit. For that you have to follow the rule 6 of Cenvat credit rules.

Can An General Insurance Company take Service Tax Credit On Stationery Bills and S.T.Charged On Bank Charges?


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