apportionment of input tax credit

This query is : Resolved 

12 May 2010 a co provides several services and enjoy the benefit of input tax on telephone, repair & maintenance. whether the input tax on these should be apportioned or can be directly availed

12 June 2010 Question of apportipnment arises, if the person provides exempted services and/or manufactures exempted goods.

If all the services ate taxable, no need for apportionment. One to one corelation not required between input service and output service.



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