Hi All
If company is incurring any training cost, whether it can claim service tax input credit?
To illustrate my instance suppose
A software company X is selling products through agent (Y). Y in turn selling product and also providing implementation support and training to end users. Now as per policy of company X, Y can claim training expenses incurred by it. So if Y in turn raising service invoice on X for training expenses incurred by it. Whether X can claim input credit paid by it?
Let me know for any further clarifications
Regards
Shweta