15 April 2009
Ours is a pharmaceutical Co. and we get goods manufactured at our own plant as well as from various Loan Licenses. We pay Service Tax on AGency Commssion on Export Sales. But our Export Sales also comprise of loan licensee products. Query : Is there any way of taking credit of service tax pertaing to agency commission on sale of loan Licensee products. (The Service Tax is pertaining to prev period hence not covered under Notification No. 41 of 2008)