Service Tax credit on Advertisement

[RAM SHARMA]

Dear Experts,

We have paid foreign expenses for hire furniture and fixture in exebition like advertisement expenses. Can we take input credit on such amount.

Thanks

AI Summary

Eligibility for CENVAT Credit on Foreign Furniture Hiring for Exhibitions: Assessable Value and Non-Taxable Territory Issues. A forum participant inquired about the eligibility for CENVAT credit on foreign expenses incurred for hiring furniture and fixtures for an exhibition, categorized as advertisement expenses. Responses varied: some experts noted that if these expenses are included in the assessable value of finished goods, CENVAT credit is possible. Others clarified that if the services were provided abroad, service tax might not apply due to the non-taxable territory status, thus negating the possibility of credit. The consensus was that if the service was an input for output services, credit could be claimed under certain conditions.