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 ?
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.
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