Allowability of service tax on certain expenses to a manufac

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Hey ppl.,

Is credit of service tax on the following exp allowed to a manufacturer of final product?

1. Insurance of factory bldg?

2. Insurance of stock lying in factory blg. or elsewhre in a godown?

3. Insurance of vehicles exclusivelly used in factory?

4. Group insurance schems, against accidents in factories?

Replies (1)

yes u can take the credit.


CCI Pro

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