CENVAT Claim for Advance paymnet
This query is : Resolved
02 January 2010
Hello... I have a doubt.. As per the Finance Act the Service tax has to be deducted and remitted while making advance payment to the service provider... The CENVAT can be claimed only when the invoice is available with Service tax amount clearly mentioned on it... So, does it mean the client of any service provider cannot avail credit unless he receives the bill from the service provider? What will be the case in year end?
thanks for people who reply for my query in advnce...
thanks for people who reply for my query in advnce...
03 January 2010
yes, agree CENVAT can be claimed only when the invoice is available with Service tax.
07 October 2010
This query
is resolved
is resolved
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
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- EXPORT COMMERCIAL INVOICE HSN CODE
- Cash balance limit and property purchases limit
- Can we choose not to report losses in ITR3 if they cannot be carried forward?
- LIC maturity claim whether taxable
- Bank details not Visible on Traces Portal
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
