Can we claim service tax credit on reimbursed bills ?
4 Replies
CA Chaitanya
(PRACTISING CA)
(4283 Points)
Replied 03 June 2008
If servce tax in paid on the inputs then you can claim input credit on them.
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 03 June 2008
Has the claimant claimed Input credit?
priyanka
(manager)
(109 Points)
Replied 04 June 2008
> No.. He has not claimed credit..
> But if client has imported thru C&F on Advance Licence ,then whether can claim tax credit ???
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 05 June 2008
The credit service tax is available only if there is a relationship of service provider and availer between claimant and payer. Secondly, the service should be an eligible input service for the service availer in respect of his manufacture or further service.
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