29 December 2012
Sir, My Clint paid service tax on audit fees. What he take service tax credit? which he was paid on audit fees As per service tax rule 2012.
11 January 2013
Cenvat credit is available to a manufacturer or a service provider providing taxable services for setting off his output tax against input tax credit that could also be availed for service tax paid on audit fees if that can be said to be used in relation to manufacture or provision of output services. Please check Cenvat credit Rules for clarity based on your facts.
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