Service tax credit

B Vijaya (Chartered Accountant) (77 Points)

26 November 2008  

A company providing after sales service of Water treatment, purchases software worth 60 lakhs plus, and pays service tax of Rs 6 lakhs plus could this service tax paid be used as a tax credit while paying up its service tax liability.

Vijaya B

Pls anyone guide me in this regard, is the question vague?