if a company has booked expenses in the name of some other person then can the company avail input tax credit in the name of company under service tax
Harendra Kumar
(Tax Advisor )
(1326 Points)
Replied 06 May 2014
Sir,
What to want to say I could not understand.
JMS
(DY.MANAGER -COMMERCIAL)
(110 Points)
Replied 08 May 2014
The bill should be raised in the name of company only to avail input tax credit. In your case, credit is not eligible to avail.
Regards,
JMS