Hello, Is the credit on service tax admissiable when it is paid for membership of FICCI, for a manufecturing company ??
Service tax credit........its urgent
Suraj Agarwal (Self Practitioner in Income Tax & GST) (782 Points)
08 August 2011Suraj Agarwal (Self Practitioner in Income Tax & GST) (782 Points)
08 August 2011Hello, Is the credit on service tax admissiable when it is paid for membership of FICCI, for a manufecturing company ??
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 08 August 2011
Appear to be difficult in the light of new definition of input services.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 09 August 2011
membership is not an input service for manufacturing industry, credit of service tax is not possible.