Input tax credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 June 2011
A manufacturing concern can take input credit of service tax levied on telephone bill,is same available on electric bill and other services availed for the use of business.eg on internet connection
20 June 2011
Yes, Only if the output service/ product is excisable goods,
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