Hi Experts
Please help me and let me know what is the rule for input of service tax
suppose that a advocate chages service tax in bill and also recevied bill in which service tax charged by the party and which not same profession , can he takes the input ,
And also let me know can take the input of telephone bill service tax amount
Thanks
om
Dear Friend,
As per Rule 3 of CenVAT Credit Rules 2004, A provider of Taxable Service can claim input credit of all services used for providing output service. SO for availing CenVAT credit, input service need to be same as output service... Input credit can be claimed on all input services used directly or indirectly for providing output service...
Regards:
CA Harshal Pahade
Contact 9272344759
Input and output services need not be the same for claiming cenvat credit.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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