17 December 2008
I am manufacturing company. I make various import purchase during the year. and for that I have availed service of C & F Agent who provides me various service like pmt of dock charges , custom duty , CHA charges , transportation etc on my behalf and than he raised the 2 bills 1 ] 1st bill for his agency charges 2 ] 2nd bill for expenses incurred by him on our behalf
my question is can I take Service Tax Credit for the amount of service tax charges by various agency , payment of which is made by my C & f agent on our behalf.
Pl give me checklist & procedure & documents required for getting Service Tax credit as third party ledger is not in my books and service tax credit is available on payment basis.
17 December 2008
In my opinion you can avail credit on the expenses incurred on your behalf provided the bills are in your name, expenditure are incurred by you and the input services are received in connection with the maufacture.