Input service credit

[Sanjeev Chauhan]

Respected all,

Can a service provider company avail input service credit in the name of services used for travelling of Chairman/Director.

Regards.

 

[YAGAY and SUN]

Invoices/Bills should be in your company's name and should have nexus with output services/ in or in relation to manufacturing of final goods.

AI Summary

Input service credit requires invoices in the company name and a nexus to output services or manufacturing.
Input service credit for chairman/director travel requires invoices or bills issued in the company's name and a demonstrable nexus between the input service and the company's output activities, either to taxable output services or to activities in or in relation to manufacturing of final goods.