Availability of Input Tax Credit
This query is : Resolved
12 November 2009
Hi everybody,
My query is relating to service tax and the problem is as under:-
Suppose a company is paying service tax under GOODS TRANSPORT AGENCY & BUSINESS AUXILLARY SERVICE AFTER EXEMPTION UNDER NOTIFICATION 32/2004 & 18/2009 without taking benifit of input credit.
My question is that whether it is possible for company to take exemptions under different notification nos. and input tax credit together. REPLY URGENT IF KNOWN THE ANSWER.
My query is relating to service tax and the problem is as under:-
Suppose a company is paying service tax under GOODS TRANSPORT AGENCY & BUSINESS AUXILLARY SERVICE AFTER EXEMPTION UNDER NOTIFICATION 32/2004 & 18/2009 without taking benifit of input credit.
My question is that whether it is possible for company to take exemptions under different notification nos. and input tax credit together. REPLY URGENT IF KNOWN THE ANSWER.
Vishnu Saboo
(Expert)
15 November 2009
how u can avail both benefits?
CA Ravi Sisodia
(Expert)
15 November 2009
you can avail only one benefit.
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