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?
yes u can take the credit.
Shaswat initial support private limited
Ahmedabad
CS
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Boutique Investment Bank & Transaction Advisory Firm
Gurgaon
CA
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CAclubindia
