Dear All,
please clairfy whether input service tax credit is allowed on hotel bills which is used by auditors for compnay audit purpose??
thx
APR.
CA.Ankur Khandelwal
(Owner)
(281 Points)
Replied 25 September 2012
as per rule no...........but i advice you to book the credit of ST and prove to department that it has indirect relation with output service or mfg product
Madhukar N Hiregange
(Chartered Accountant)
(39039 Points)
Replied 26 September 2012
It should be available as it is not a personal expenditure of any employee. Audting is specifically included inthe defintion under section 2 (l) of the CCR.
I do not see any rule denying such credit.
Vikas
(CA)
(1135 Points)
Replied 27 September 2012
I agree with Mr. Madhukar....
It is not an expediture for an employee for his personal expenditure and hence the same shall be allowed...