Please update what are all the services are allowable for taking input credit while paying service tax output.
G SRINIVASAN (ASSISTANT MANAGER) (50 Points)
08 April 2012Please update what are all the services are allowable for taking input credit while paying service tax output.
CA.Ganesh
(Practicing Chartered Accountant)
(308 Points)
Replied 08 April 2012
Service tax paid on input service as defined under Rule 2(l) of Cenvat credit rule is eligible for taking credit.
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