Easy Office

Is service tax refundable?

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 August 2014 Dear Experts,

If once i had charged service tax on an invoice thus the service tax is refunded back to the client in credit note.



Thanks & Regards

Hemant Bisht

29 August 2014 You mean you have issued a credit note for the value of service not provided,in that case you can take credit of the excess service tax so paid.The service receiver to whom credit notehas been issued cannot take teh cenvat credit of service tax so refunded.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 August 2014 Dear Ms. Annu Aggarwal,

Thanks for your valueable reply.






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries