Whether service tax credit is allowed on advertisement expense and bank commission for co-operative society for head office?
CA Deepshikha (CA BCOM GOLDMEDALIST) (40 Points)
19 February 2014Whether service tax credit is allowed on advertisement expense and bank commission for co-operative society for head office?
pratik
(CA)
(1186 Points)
Replied 19 February 2014
For which output services you want to set off the input credit ???
If ads and bank charges are directly relating to it and falls under definition of Input service tax then input credit can be availed..
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