CENVAT CREDIT
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 April 2011
I WANT TO KNOW HOW MUCH CREDIT FOR SERVICE TAX PAID UNDER THE SAME CATEGORY UNDER WHICH I AM LIABLE TO PAY SERVICE TAX ?
ALSO I AM PAYING SERVICE TAX ON MOBILE BILLS, TELEPHONE BILLS ETC. CAN I TAKE CENVAT CREDIT AND HOW MUCH PERCENTAGE FOR THIS SERVICE TAX PAID BY ME ?
ALSO I AM PAYING SERVICE TAX ON MOBILE BILLS, TELEPHONE BILLS ETC. CAN I TAKE CENVAT CREDIT AND HOW MUCH PERCENTAGE FOR THIS SERVICE TAX PAID BY ME ?
BHAI(SAI) DUPARE
(Expert)
30 April 2011
Yes u can avail full service tax credit even also S.Tax on Mobile, Telephone Bills but bills should be on Company name.
But if having two services one is taxable & another one is non taxable in that case u are required to take proportionality credit only.
But if having two services one is taxable & another one is non taxable in that case u are required to take proportionality credit only.
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
