08 May 2013
can a corporate entity(restaurant chain) claim input of service tax on expenses incurred at its head office(eg. service tax input on rent/telephone/water bills for corporate office)towards setting off output service tax?
13 May 2013
For getting the service tax paid at HO first take registration as a Input Service Distributor and distribute CENVAT credit as per Rule 7 of the CENVAT Credit Rules, 2004 subject to eligibility of Credit.
CAclubindia
