Hi, I wish a Happy Diwali to you all,
Service Tax paid to various bills like office telephone, electricity, mobile bills, advertisement expenses, or any other services can it be taken as input credit, Assessee is a lawyer/Consultant. Register for Management or business consultant service, Legal consultancy service
Regards
Rashmi
Dear Rashmi,
Also wishing you a Happy Diwali....
Yes, the credit will be allowed if the same is used for business of the assessee.
Regards,
Ankit
Hey, Input credit on Service Tax paid on all those input services that are used in providing the output service can be claimed.
you are welcome Rashmi...incase you have any queries...feel free to ask
For Manufactures if it is directly or indirectly linked to manufacture
for service providers if it is used for providing output services
Yes Cenvat Credit can be availed and utilized
Yes, CENVAT Credit can be claimed, Electricity is an goods and no excise and service tax applicable on the same.
Legal Services are under Reverse charge, however same can be used against management consultancy services.
In case not able to utilise, refund can be claimed under rule 5B of CENVAT Credit Rules. However, no notification yet notified.
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