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Can i take input credit - service tax on foreign inward remi

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(Querist)
26 July 2011 Dear Sirs

Good morning

whenever we have received a inward remitance our foreign customer, tha banker charged service tax for convert and credit the amount to our account.

my question is "can i take input credit the bankers service tax on import remitance"
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Madhukar N Hiregange

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Madhukar N Hiregange (Expert)
26 July 2011 Yes as long as the same is in relation to providing the taxable service or in relation to manufacture of excisable goods.
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Suresh

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Suresh (Querist)
26 July 2011 ok thank you somuch

can i have any nitification for that
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rajula gurva reddy

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rajula gurva reddy (Expert)
28 July 2011 As per cenvat Credit Rules,you are eligible for Cenvat Credit of import services.

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