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Regarding input tax credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 August 2016 Hi Experts

Our client is in hotel industry and charging service tax on Banquet renting services/Restaurant services.

he is also using services of Telephone/Mobile/Security Services/Courier services and paying service tax accordingly.

Can he use/set-off the input service tax credit from output service tax liability?

Thanks

13 August 2016 yes, cenvat credit on these input services can be utilized towards service tax liability on output services.



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