whether service tax input credit be available on rendering services through borewell & Excise duty paid for purhase of borewell
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 25 February 2011
rendering services through borewell comes under agro services, and till now its exempted from servicetax, hence no input credit available on plant & machinery used in exempted services.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
