Service tax of a professional

Sir,

I am working in Professional & Consultancy firm,we are paying service tax on the bill ( Professional charges) ,now my enquiry is can we take input credit on Telephone charges, Tours & Travel Agent's bill  and on rent bills.

 

Regards

Jayanta

 

Replies (1)

It is taxable service and availed the benefit of Cenvat Credit in or in relation of business. Further One Extra benefit also availed in this regard i.e. SSI Exemption limit cross i.e. 10 lakh then your service tax liability will be raised.

Thanking you,

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