14 August 2013
1.Is service input credit in case of manufacture or trader given paid rent for godown and office room
If it is trading unit what is the ratio of servicetax credit in case of Rent paid , Insurance of car, Professional fees, freight forwarding , other service received ?
Here is my confusion that : My company is manufacture & trading( export to domestic and international) of furniture and company also provides interior design service. we are receiver of rent , cab , professional & insurance for both manufacture and trading service. according u if it is applicable in manufacture for service tax input credit ! what will be proportionate of service tax credit for trading?