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Service tax

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(Querist)
25 October 2012 Backgroun. :-Company A is sold all assets & liabilty to New Company B. as on 01.01.2012 & company A is no more exist there after.


Case:
Vendor X raised bill in favour of Company B dated on 01.02.2012 against bonus to labour contrctor for the period 01.06.2012 to 31.12.2012 with ST.
& Company B paid full amt against bill.

Question : Is company can claim for service tax for the bonus paid ?
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@VaibhavJ

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@VaibhavJ (Expert)
25 October 2012 Hi

Yes since Co. A was acquired on Going Concern Basis..

Rgds//Vaibhav
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