09 July 2009
sir one company having two business one dealership of car and an other is miniral grinding and sales.in the frist business company having input of service tax on advertisement.in the other business having liability to pay service tax on GTA company may taken input credit of service tax paid on advertisment in GTA or not
09 July 2009
Input on service tax paid can be take and utilised only for to pay liability on finished goods or output service provided such input service is utilise for such output or finnished good. Therfore in given case it is not possible to utiolised\ the same
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