12 June 2012
I am doing an audit of a media firm, and they are paying for make-up and hair style and they are paying servicetax on the bill raised by the makeup firm. Whether the media company can take cenvat credit of servicetax paid?
12 June 2012
If you can establish that the services are in relation to providing a taxable services and such service is an integral part of the rendering of service, then definately yes.
However you have not stated the output service of the media firm.
Unless a nexus is established, it is quite difficult to say whether eligibility exist.
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