19 December 2012
DEAR MEMBERS , I HAVE A DOUBT REGARDING SERVICE TAX ON GTA SERVICES. I KNOW THAT SERVICE RECEIVER IS BOUND TO PAY SERVICE TAX ON THIS CATEGORY OF SERVICE, BUT IS SUCH AMOUNT OF SERVICE TAX PAID CAN BE AVAILED AS INPUT CREDIT TO THE PERSON SO PAID,AS THE PERSON IS RECEIVING THE SERVICE FROM THE GTA. I HEARD THAT MANUFACTURING COS CAN TAKE SUCH AS INPUT CREDIT FOR THE TAX SO PAID BY THEM. PLEASE ANSWER