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Querist : Anonymous

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Querist : Anonymous (Querist)
08 January 2011 x ltd has sponsored a cricket event organised by a organisation.

can x ltd. discharge its service tax liability by using cenvat credit?
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
08 January 2011 Yes input tax credit is allowed.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
13 January 2011 Input will be allowed on related input services
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