Whether st on dir com is eligible of input ser credit?

CA R MUTHURAJ (MANAGER - TAXATION) (32 Points)

20 April 2013  

Dear Sir / Mam,

 

Can any one say, whether a company pays Service tax on Directors Commission / Sitting Fees on reverse charge basis is eligible for taking the same as Input Service Credit.

If the answer is affirmative, i request you to give the justifications.

 

Regards,

R.Muthuraj