Poonawalla fincorps
Poonawalla fincorps

Service tax credit avail on commercial vehicle insurance

This query is : Resolved 
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(Querist)
27 June 2012 Sir,

Can we avail Service Tax Credit on Insurance of own commericail vehicle
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
27 June 2012 If the commercial vehicle is not owned by the assessee then cenvat credit is not available.

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