Hemant Joshi (TAXATION) (57 Points)
17 May 2012Dear Sir,
I would like to know about,
We Tested our material in testing lab, Lab also issue Invoice including Service Tax. we re imberse Ser.Tax Amount from Material Supplier.
My quarry is - shell we take Ser.Tax Cr.on the same, on which we already reimbersed from Material Supplier.??
Your valuable reply helping me to resolv my quarry.
With thanks & Regds.
Hemant A Joshi
+919426512751
hemant_joshi1966 @ yahoo.co.in
Prasad
(Sr. Manager)
(617 Points)
Replied 17 May 2012
Hemanth your question is little confusing.
if i get you correctly, you are saying that you tested some material in a Lab and Lab bill you charges + ST, you collected the same from your Material supplier along with ST. if my statement above is what you are trying to say.
You should not take credit of the ST charged by Lab and the whole amount is already reimbured to you by your material supplier
RAVITOSH KUMAR
(Executive)
(324 Points)
Replied 17 May 2012
i agree with Mr Prasad, as you have acted purely as an agent of material supplier
Hemant Joshi
(TAXATION)
(57 Points)
Replied 18 May 2012
Respected Prasad sir,
I repeat ,
We purchased our Raw Material from our regular supplier. we would like to test the said Raw Material supply by ABC.
We want to tested the said Raw Material, but our Supplier ABC not have facility at ther place.So, on behalf of ABC we sent the said Raw Material to XYZ who have facility to test the said Raw Material.
XYZ tested the same Raw Material and isued us There Bill including Service Tax Charge.and we paid the same to XYZ.
Because of we done testing from XYZ on behalf of our Supplier Mr.ABC. So, we issue Debit Note to ABC for Testing Bill given us by XYZ.
My Quarry is, can we take Ser.Tax Credit which we paid to XYZ and recovered Through Debit note from ABC ??
Your Valuable Reply needed for the same.
with thanks & Regd.
Hemant A Joshi
+919426512751
hemant_joshi1966 @ yahoo.co.in
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