I have a restaurent business and charging service tax from customers and also deposit the same to the department. i found that i have also paid service tax on various payments like Advertising agency, Kitchen pest control team for AMC, Lift maintainance co for lift maintainance services . can i take service tax credit on all these. what if any party (lift maintaintainance )is not mentioning his Service tax no in bill raised by him.
29 January 2013
Yes u can as per notification No. 26/2012 dated 20th June, 2012 w.e.f. 1.7.2012. Which Cenvat credit u can avail, for that analyse definition Input service as amended by Finance Act, 2011