25 November 2010
My company built a training centre for the employees of our company.This training centre is exclusively for the employees and to train an employees is the responsibility and condition of the contractee.Service tax is charged in the bill for the construction work. I have taken credit for the same,but my a/c's lost the bill and same has been pointed out by the audit party and asked for reversal of credit taken along with interest. I have approched to contractor for duplicate bill to submit to ST department.Could I later on take credit again on the basis of duplicate bill and what about interest paid could i adjust against my int liability.Please send me reply