franchise commission, Service Tax

[sarat sahoo]

Service tax on Franchise commission by an edcational institute is elligible for cenvat credit by which act.......

Posts / Replies

[KASTURI SETHI]

Eligible under Rule 2(l) of Cenvat Credit Rules, 2004. This service does not fall in the exclusion category of 'Input Service defined under Rule 2(l). It is natural that such credit is required to be utilised for providing output taxable service.

[Ganeshan Kalyani]

Sir, I agree with the views of Sri Kasturi Sir.

[Ganeshan Kalyani]

Sir, the nexus of input service to output service is must for taking credit. Thanks.