Professional
907 Points
Posted on 21 May 2008
Service tax credit can be availed on the basis of the following documents:
1. Credit of service tax paid on input services can be availed on the basis of invoice, bill or challan issued by an input service provider which should contain the following details:
- Date of invoice
- Serial number of document
- Name, address and registration number of the input service provider
- Name and address of the service recipient
- Descripttion, classification and value of input service
- Service tax paid/ payable.
2. Credit of service tax paid on input services received by an input service distributor can be availed on the basis of invoice, bill or challan issued by an input service distributor which should contain the following details:
- Date of invoice
- Serial number of the document
- Name, address and registration number of the person providing input services and the serial number and date of the invoice, bill or challan (as provided hereinabove)
- Name and address of the input service distributor
- Name and address of the recipient of the credit distributed
- Amount of credit distributed.
3. Credit of excise duty paid on inputs/ capital goods can be availed of on the basis of an invoice issued by:
- A manufacturer for clearance of inputs or capital goods; or
- An importer; or
- A first stage dealer or second stage dealer; or
- Supplementary invoice issued by a manufacturer or importer of inputs or capital goods; or Bill of entry; or
- Certificate issued by an appraiser of customs in respect of goods imported through a foreign post office.