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Rohan (Chartered Accountant)     30 August 2010

service tax on installation charges

A company buys a fixed asset and incurs some installation charges... Service tax has been charged on the installation charges by the vendor... CAN THE COMPANY CLAIM CREDIT OF SUCH SERVICE TAX???...

 2 Replies

Jeevesh  Mehta

Jeevesh Mehta (Advocate- Corporate Commercial & Indirect Tax Advisory)     31 August 2010

Yes the company can take the credit of the service tax paid on such intalations

CA dillip

CA dillip (Head Finance)     31 August 2010

Agree with Jeevesh...........

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