Dear Experts,
We have paid foreign expenses for hire furniture and fixture in exebition like advertisement expenses. Can we take input credit on such amount.
Thanks
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 04 October 2012
Service in relation to sales promotion qualify for cenvat credit.
sourav jain
(INTERNAL AUDITOR)
(128 Points)
Replied 04 October 2012
CAN YOU TELL ME WHAT INPUT YOU ARE GETTING FROM SUCH EXPENSES???
Ram kr.
(Buisness)
(883 Points)
Replied 04 October 2012
We are liable to pay service tax on foreign expenses. In this way we have paid service tax on advertisement expenses. I want to know that can i eligible to avail such service tax as input credit.
Thanks
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
