25 October 2010
Respected Sir, I have query regarding Service tax credit in the books.
my company is in telemarkiting of Buety product. we purchase the product for USA in bulck and pack them as per our requiredment at through Job work and pay excise duty and sele them through telemarkiting. we receive lot of bill for advertisement co. and for consultant have service tax but we do not take the credit of service tax. could you pls advcie me whether we are elegible to take the credit of servcie tax. I am asking this question based on the decision in case of Papsi co. where it is allowed to take the credit of servcie tax in reletion to media exp releted.