Input credit on service Tax Liability

[gadamsetty praveena]

Sir,

I am running a logistis company and paying huge ocean freight expenses including service tax.

Can't i claim such service tax paid as input on ocean freight while payment of Service Tax Liability

Please Guide me in this regard

AI Summary

Claiming Service Tax Credit on Ocean Freight: Establish Nexus Between Input and Output Services for Eligibility A logistics company owner inquired about claiming service tax paid on ocean freight as input against their service tax liability. One respondent advised that input tax can be claimed and set off against service tax liability. Another respondent added that to claim the service tax credit, there must be a nexus between the input service and the output service. If such a connection is established, the credit is eligible.