A Construction Company has paid insurance premium towards following:
i) Motor Vehicles
ii) Employees Health Insurance
iii) Fire Insurance
iv) Contractor All Risk Policy
v) Accident Insurance policy
CAn the Company take Service Tax Credit on Premium paid on Above policy??
Plz suggest.
I think u dont have service tax paid as credit as there is no cascading effect.but when u can show as these
input services, u can cliam it as crdit against service tax payable
Logistics company paid employee health insurance premium for the year 2016-2017. whether company is liable to take service tax credit?
Please suggest..
CAclubindia
