cable operator service
This query is : Resolved
21 December 2007
we are servise provided to our customer as
a cable operator.We are paying subscrption to various channles from 2004.they are charged service tax seperately whether we are taken cenvat credit(service tax credit)on our input srvice pl.reply
a cable operator.We are paying subscrption to various channles from 2004.they are charged service tax seperately whether we are taken cenvat credit(service tax credit)on our input srvice pl.reply
21 December 2007
Hi Hemant,
Service tax payable by an assessee shall be subject to the assessee's availing of CENVAT credit as per CENVAT credit rules, 2004, w.e.f. 10-09-2004.
Output service provider shall be allowed to take credit of tax paid on the inputs and input services only after he makes the payment for the value of input service or the service tax payable there on as indicated in the invoice of the input service provider.
For availing credit, proper documents and accounts as per Rule should be maintained (including invoice/challan/bill of entry etc) Rule 4A of the service tax rule also provides that taxable service should be provided or credit should be distributed only on invoice, bill or challan.
Rgds/
Vineet
Service tax payable by an assessee shall be subject to the assessee's availing of CENVAT credit as per CENVAT credit rules, 2004, w.e.f. 10-09-2004.
Output service provider shall be allowed to take credit of tax paid on the inputs and input services only after he makes the payment for the value of input service or the service tax payable there on as indicated in the invoice of the input service provider.
For availing credit, proper documents and accounts as per Rule should be maintained (including invoice/challan/bill of entry etc) Rule 4A of the service tax rule also provides that taxable service should be provided or credit should be distributed only on invoice, bill or challan.
Rgds/
Vineet
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- When TDS on GST applied
- Requirement of tax deduction at source by individual
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
