Service tax input credit

Mohit Agarwal (Article Clerk) (52 Points)

01 July 2012  

i have an query regarding SERVICE TAX INPUT CREDIT. for an example if my company is service receiver according to the rules of transportation by road. we makes the payment of our liability after taking the REBATE of 75%. and at the same time in the next month we takes the input credit of the same amount. its it correct??? can any one takes the two benefit at the same time???