Easy Office
LCI Learning

Service tax credit

This query is : Resolved 

14 May 2012 Dear Sir,

pls suggest, can a manufacturer take service tax credit on bills of canteen , canteen run in factory premises...

Regards
Vivek Verma
CA.Final Student

14 May 2012 hey friend,

as per the cenvet credit rules, credit can be avail on input, capital goods and input services, if it is received in the factory and used in or in relation to mfg of taxable goods....

as in your case, credit on bills of canteen is not eligible for credit, bcoz of it is not used in or in relation to mfg of taxable goods...



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query