service tax credit

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hemal (Querist)
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12 March 2009 Which are the services on which tax crdit is taken?
I have heared that there are some selected services on tax credit is taken.

CA.SHAHZAD SAYYED

CA.SHAHZAD SAYYED (Expert)
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12 March 2009 There are 120 Approximately services which are under Tax perview if any of those services are availed with Tax invoice then Service Tax Credit can be taken

hemal

hemal (Querist)
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12 March 2009 my question is like that expenses incurred by us but on every expenses credit can not be taken by us.so what r that expenses on which credit is not tanken.

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SIDDHARTHA SANKAR ROY

SIDDHARTHA SANKAR ROY (Expert)
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01 April 2009 What is your output service or you are a manufacturer ? The definition of input services in case of manufcaturer and output services is slightly different. In case of service provider,the input services have to be used in providing the out put service, whereas in case of manufacturer the services may be used in or in relation to manufacture. Refer definition of Input Service given under CENVAT credit Rules, 2004.