Co- acceptance fees


20 November 2009 In the case of Buyer's credit, if service tax is paid on that Co- acceptance fees, can the company avail credit on that. Pl. Reply.
Thanks in advance

20 November 2009 Comopany can aval only if it is paying the ST.

20 November 2009 Thank You sir:)
suppose a company avails Buyer's credit facility. the banker charges Interest for which service tax is charged. then can the company avail credit on such ST.?




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