Service Tax credit on Taxi hire bill

This query is : Resolved 
 

(Querist) 10 April 2009

There are several bill raised by Sahara Holidays for taxi hire charges on our company in which service tax also included,

but in these bill , Service tax deducted @4.12%,

so can our company take Service tax credit on such bill on which service tax @4.12% included rather that 12.36%.


SIDDHARTHA SANKAR ROY (Expert) 10 April 2009

The company is charging 4.12% because they are availing 60% exemption on the value of service provided. You can avail the credit of the amount of service tax paid on such bills.



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


Click here to login now


Similar Resolved Queries :






close x