our company paid the Insurance , Bank charges, telephone bill include the service tax.,
that service tax is it eligible for credit
Menu
Service tax - credit
Replies (1)
Dear Jaganathan R
The input credit in respect of service tax paid on insurance charges, bank charges, telephone charges shall be available to the comapny.
It must be noted that the insurance must not be related to the insurances for employees since such input credit is not allowed to be availed as per the Cenvat Credit Rules, 2004.
Recent Topics :
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
- TDS on Property Purchase Paid
- Cash Purchase Above ₹10,000, ITR/40A(3) Trea
- TDS on dividend to non resident shareholders
- Best CA Inter classes in Laxmi Nagar for Group 1?
- Gst refund
- Compliance under Society Act 1860
- Hi experts need help
- How to object stamp duty value if property is sold
Related Topics :
CAclubindia
