Applicability of service tax to mobile trading companies

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mohan (Querist)
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17 April 2013 yaa... you are exactly correct Mr.Vikas, but there is a small thing to share with you i.e, Our Organisation provides "Sim activation" facility and "Repairs" to the mobile services. So in this perspective service tax is to be levied. And Electricity ,Telephone and Courier Charges etc are the expenditure incurred by all our branches (more than 100)including service tax.

Here my doubt is, how much amount would we avail input tax credit? Whether 100% of input credit can avail? If it is possible,
how will we account for Input tax credit?

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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03 June 2013 You are not rendering any services for sale of Sim Card it is covered under VAT the rest you are rendering services and the expense incurred are to be segregated on ST paid on service rendered can be taken set off.

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