Hi
A company has been incorporated for the purpose of doing any particular line of business in July'09 but the company has not started its actual operations till date due to some delay in regulatory approvals.
However the comapny has taken propoerty on rent and is also taking some other services on which Service tax is being paid.
My question is whether the company can claim input service tax on such service tax payments made during the current year. ( Ofcourse as business is not started, the input credit needs tobe cariied over to next years for availment.)
Please confirm .
CAclubindia
