Ranganath AAGJ (CA Final Student) (147 Points)
09 June 2008
Dear Sir..
we have a one software company . are we eligible to take service tax credit on recruitment charges paid to recruiting agent.
Ranganath AAGJ
(CA Final Student)
(147 Points)
Replied 09 June 2008
thank u very much sir. wat abt on Travelling expenses paid to the travelling agent for pick & drop of Company's employees from Res to Office and Office to Res.
cashekar
(Chartered Accountant)
(133 Points)
Replied 10 June 2008
we have a one software company . are we eligible to take service tax credit on recruitment charges paid to recruiting agent.
Answer:
If the services taken fall under the input service definition then you can take credit with regard to the same.the defintion of input service states that 'any service (i) used by a provider of taxable service for providing an output service .....
So you can take credit with regard to service tax paid on recruitment charges paid for software development provided the personnel are used to produce some software.
O.D.SHARMA
(DGM-F & A)
(1734 Points)
Replied 11 June 2008
yes.u can take cenvat credit of Recruitment fee/Payment given.
CAclubindia
