Input credit

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chander (Querist)
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30 August 2011 Dear sir,

This is to inform you that we are hotelier and paying service tax & R&D cess on royalty to foreign company for using its name & style,and also paying the service tax on accommodation with effect from 01/05/2011, as detail below.

Service Tax on Royalty @ 10.30% which we are paying.

Royalty is payable to foreign company on room sale only not gross sale @ 3% .

Service Tax on room sale @ 5.15% which we are paying with effect from 01/05/2011.

now my question is, can we take the service tax credit on it, if yes, how it can be claim.

Your early action regarding the above shall be highly appreciated.

Thanks & Regards
CP