Service tak credit on telephone bill used by two co.

This query is : Resolved

Mahender Jain (Querist)
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27 March 2009 there are four telephone in our company, whos 90% exp debited in our company and 10% exp. debited in other company,

so how much service tax credit we can book in our company

Jitender

Jitender (Expert)
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27 March 2009 whatever the expenses of telephone are booked in the co are eligible for credit.

Mahender Jain

Mahender Jain (Querist)
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28 March 2009 my means, if Telepone bill is Rs. 10000/- in Which Service Tax Rs. 1236/-.

Now we booking Rs. 8000/- in A company and Rs. 2000/- in B Company

then how much credit of service tax credit can be taken by A Company.

All of Service tax i.e. Rs. 1236/-

or

part of service tax i.e. Rs. 1236*80%

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