service tax input credit

This query is : Resolved

Kirti (Querist)
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12 October 2007 our firm is involved material trading acitivity & also in business auxillary services activities.

would like to knwo can we get 100% input credit which is paid our vendors. ( eg telphone bills, cosultants bills etc..)

Kirti

Kirti (Querist)
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12 October 2007 service tax input credit

CMA Gul S

CMA Gul S (Expert)
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12 October 2007 Hi Kirti,

Against that what you would be paying, i mean how will you adjust the credit

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CA. Dashrath Maheshwari

CA. Dashrath Maheshwari (Expert)
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13 October 2007 If you are paying service tax collected by providing business auxillary services etc. then you can definitely claim for 100% input credit for service tax included in telphone bills, cosultants bills etc..