Dear all
We are paying rent for our rented premises and we are doing consulting and software development services. Can we avail input credit for the ST on rent paid and also on the telephone bills?
Thanks in advance
sudha (proprietrix) (113 Points)
11 July 2013Dear all
We are paying rent for our rented premises and we are doing consulting and software development services. Can we avail input credit for the ST on rent paid and also on the telephone bills?
Thanks in advance
CA Harshal Pahade
(Professional)
(79 Points)
Replied 11 July 2013
Dear Friend,
As per Rule 3 of CenVAT Credit Rules 2004, A provider of Taxable Service can claim input credit of all services used for providing output service. SO for availing CenVAT credit, input service need to be same as output service... Input credit can be claimed on all input services used directly or indirectly for providing output service...
Regards: -
CA Harshal Pahade
Contact 9272344759