Service tax input

Sachin Rajput (account exe) (593 Points)

05 October 2011  

Dear sir i m working with event management company.Recenty we have done a project. In this project our overall cost is 30 lac.

we issued a invoice only for mangement fee.

Managemnet fee(3000000*5%)=150,000

+service tax                                    =15450

total                                                  =165450

 

But we have recived from clinet  -30Lac+invoice amount

 

Now my qurey is can i get input credit when i recived bill from my suppliers.