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Service tax credit
Can the company take credit of service tax charged in the auditors remuneration???
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Yes you can claim the credit of service tax charged on auditor's remuneration.
Yes you can claim the credit of service tax charged on auditor's remuneration.
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Input service eligible for Cenvat credit |
Cenvat credit is available of service tax paid on input services. Definition of ‘input service’ is very wide [Rule 2(l) of Cenvat Credit Rules]. Inclusive part of the definition expands the scope much beyond manufacture or provision of taxable service. |
Credit is available.
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