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Service tax input

Chinmay (Accounts Professional) (356 Points)

14 September 2013

Hi Friends,

I have one query about Service Tax Credit.

My company having two telephone connections.

Connection 1: Have director name & address as registered address of company;

Connection 2: Have name of Company but address mentioned as Director's Home address.

Can you tell me which of the above connection's liable for Service Tax Credit???

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7 Replies

One Of A Kind (CA Final & CS Professional Student) (187 Points)
Replied 14 September 2013

The connections used for business purpose are eligible to claim credit

Chinmay (Accounts Professional) (356 Points)
Replied 14 September 2013

Both connections or any one of these???

One Of A Kind (CA Final & CS Professional Student) (187 Points)
Replied 14 September 2013

If address of director's home is mentioned but if the connection is used for business purpose, then it is eligible for cenvat credit. It is the use and not the place that matters.

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CA CMA Amit Patel (-) (72 Points)
Replied 14 September 2013

Input credit of both services can be availed on a condition that both services are used for business purposes & payment of both services are made from company.

Archit Goyal (Learning Professional) (344 Points)
Replied 15 September 2013

On both the cases you can avail credit, unless any of the connection is fully used for the personal use of director and not covered by terms of employment.

Gangadhar (Article Assistent) (24 Points)
Replied 16 September 2013

The connections in the name of company are eligible to claim credit

1 Like

Sandhya Srinivasan (CA Final ) (32 Points)
Replied 05 April 2014

Hi everyone.. I have a doubt.. suppose i m service providing co. (Govt co) i rent a cab for the benefit of my employees. Can i claim service tax input credit for the services i received?