11 November 2011
can anybody help me with the best service tax books that are available in the mkt ..to get the full knowledge in the service tax
2.i m the provider of renting on immovable property and charging service tax ...can i claim the service tax on the legal fees that i m paying to a lawyer in respect of the case that is doing in respect of our immovable property ...even the service tyax paid to chartered accounant n c.s FOR AUDITING.. CAN I CLAIM THE SERVICE TAX ON THAT TOO..
11 November 2011
As per Rule 2(L) of CENVAT Credit Rules,2004 input service, inter alia, means any services used by provider of taxable service for providing an output service and includes, inter alia, auditing, accounting & legal services......
In ur case output service is renting of immovable property and input service is auditing and legal services.
Thus legal services and auditing are expressively covered under the definition of input services and accordingly you can take cenvat credit in respect of service tax paid on legal and auditing services.