TMI BlogInput CreditX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear All, We also paying telephone bills/insurance premium for car and machineries which also includes service tax can we claim the input credit against the output liability. Please reply.. - Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... By Rajagopalan Ranganathan - The Reply = Sir, Service tax paid on telephone charges can be availed as input tax provided the telephone is used in the course of your business. Service tax paid on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... insurance premium paid in respect of machinery can be availed since they are used in the manufacture of final product. As per rule 2 (a) (C) of Cenvat Credit Rules, 2004, motor vehicle designe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d to carry passengers including their chassis, registered in the name of the provider of service, when used for providing output service of- (i) transportation of passengers; or (ii) renting of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... such motor vehicle; or (iii) imparting motor driving skill . If the motor vehicle possessed by you is for personal use of your employees or Directors etc., then you cannot avail the credit of s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ervice tax paid on insurance premium paid on such motor vehicles. - Reply By Gorantla Bhaskar Rao - The Reply = Very rightly explained by Rajagopalji. I agree with him. - Input Credit - Query St ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arted By: - Indrajit Mondal Dated:- 17-5-2017 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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