Cenvat credit or aying the service tax ?

This query is : Resolved

VARUN.C.DAS

VARUN.C.DAS (Querist)
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15 November 2011 Dear sir ,

I am auditing a news company
There we are paying the service tax for advertisement but they are not availing the service tax input for telephone expenses , legal expenses ? and they are booking the same in expenses, we are following cash basis of accounting. which one is favorable for the company ? Availing cenvat / paying the service tax ? Pls give clarification with example

i know i am using ur valuable time or give me some links for the same

thanks in advance

Rajnish Singh

Rajnish Singh (Expert)
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15 November 2011 DEAR VARUN ,

ALL THE CENVAT ARE ACCEPTABLE WHICH ARE RELATING TO SERVICE WHAT WE PROVIDED . YOU SHOULD POINT OUT THIS MATTER AND HIGHLIGHT IN YOUR AUDIT REPORT .

ALL THESE INPUT SHOULD BE TAKEN AND ADJUSTED WITH PAYABLE.

VARUN.C.DAS

VARUN.C.DAS (Querist)
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15 November 2011 Dear sir ,

thanks

if i take the service tax input then i have to file the return every month right ?
like we filing the excise returns
or half yearly return is enough for that ?

and i have to preserve the bills copies which i avail the cenvat for service tax audit right ?

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