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service tax credit on demo car

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 February 2010 Hi
Can car dealer take credit of sevice tax paid on insurance of demo car used by dealer himself ?
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
27 February 2010 Yes, the dealer can take credit for of service tax.

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