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Is there any prescribed document/register for availing Input Service Credit?

April 26, 2017availing credit DOCUMENT input prescribed REGISTER service

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Is there any prescribed document/register for availing Input Service Credit?

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Ans:- The out service provider availing service tax credit shall maintain proper records in which the relevant information regarding the Sr.no. and date of document on which Service Tax credit is availed, Service tax registration no. and name of the input service provider, description and value of input service, service tax credit availed, service tax credit utilised for payment of service tax on output service shall be recorded. The burden of proof regarding the admissibility of Service tax credit shall lie upon the person taking such credit.