Whether Service Tax on Dir com is eligible of input ser credit?

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....hether Service Tax on Dir com is eligible of input ser credit?<br> Query (Issue) Started By: - Muthuraj MUTHURAJ Dated:- 22-4-2013 Last Reply Date:- 22-4-2013 Service Tax<br>Got 1 Reply<br>Service Tax....

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....<br>Dear Sir / Mam, Can any one say, whether a company pays Service tax on Directors Commission / Sitting Fees on reverse charge basis is eligible for taking the same as Input Service Credit. If the....

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.... answer is affirmative, i request you to give the justifications. Regards, R.Muthuraj Reply By Pradeep Khatri: The Reply: Yes, it is. Since, directors provide directions to the business, take de....

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....cisions, finalise strategy, polices, goverence, hence,Services rendered by the directors to the company should be considered as input services and Service Tax paid by the company should be eligible fo....

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....r Cenvat credit subject to Cenvat Credit Rule, 2004.<br> Discussion Forum - Knowledge Sharing ....