Service tax paid on Registration expenses overseas and Sales promotion Expenses.

[Sunil Jagtap]

Dear Experts,

My query relates to take credit of the service tax paid on Registration expenses overseas and Sales promotion Expenses overseas.

We are a manufacturing unit, we are paying service tax 14% on amount paid to our overseas agent for registration of new products in market and Sales promotion expenses.

Now my query is are we eligible to take credit of service tax paid.

Regards

AI Summary

Debate on Claiming Tax Credit for Overseas Registration and Sales Promotion Expenses: Import Services vs. Intermediary Services Interpretation A manufacturing unit inquired about claiming credit for service tax paid on overseas registration and sales promotion expenses. An expert advised that since the agent is in a non-taxable territory, no service tax is payable in India, and thus credit should not be taken. Another expert disagreed, stating the situation is not intermediary service but an import of services, allowing for credit. This sparked a debate among experts, highlighting varying interpretations of the law and the importance of understanding specific service agreements. The discussion emphasized the personal views of experts and their professional approaches to interpreting tax laws.