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Service tax credit

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05 December 2012 can the credit of service tax paid on the conveyance expenses & telephone bills of employees be booked by the company???

05 December 2012 you can take service tax cenvat credit on both service tax paid.

05 December 2012 No, It is highly debatable to tale credit of such service tax even after amendment in the definition of input service. If the amount involved is not very much in proportion to other input service then, in my opinion, dont go for cenvat credit. There are very less chances that you will be eligible for cenvat credit.




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