Answer / bjanmejai

A fixed expense incurred by a company
or organization in order to provide for
or increase its ability to conduct
business operations. Capacity costs
generally do not vary with production
levels and can be reduced or avoided
only by shutting down business locations
or outsourcing.

we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?

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