Service tax input credit

This query is : Resolved

raviraj (Querist)
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12 October 2014 Respected Sir,

Kindly let me know whether we can avail Input credit of service tax while paying the same in following cases-
1.In Banking & Financial services -

Whether input credit of service tax paid in Telephone Bill Payment, in Software Installation bill,in Auditor's fees bill & Repairs of Printer & computer bill should be available for credit.

CA Ravi Kumar Murugesh

CA Ravi Kumar Murugesh (Expert)
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13 October 2014 Input service means any service used for providing an output service or used by manufacturer whether directly or indirectly in or in relation to manufacture of final product and includes service used in relation to modernisation, renovation or repairs, sales promotion, auditing, accounting. legal services etc.
In your case, all the list given by you is covering for input tax credit.

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