Input credit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 October 2012 I am Service provider as Commission Agent, I Have Taken Loan From Bank.
Interest Paying, Bank Charge Service Tax on Some Service Provided Like Processing Charges/ Bank Charges etc..
Can I Claim That as Input.

Arun Kumar Singh

Arun Kumar Singh (Expert)
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22 October 2012 You are not eligible to take cenvat credit on service tax charge by bank on behalf of loan. Only that input services related to service provided by you can claim the cenvat credit on that particular input or input services.

Querist : Anonymous

Querist : Anonymous (Querist)

22 October 2012 Service Tax Charged on Audit Fees ?
Other professional Fees ?

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Querist : Anonymous

Querist : Anonymous (Querist)

22 October 2012 Please Check With Input Service Definition, In That Financial Services Also included Along With Auditing & Legal services.