Cenvat credit for service tax
This query is : Resolved
23 January 2015
Dear All,
we are running two star hotel and we are charging the service tax for Room bills @7.42%( Abtement - 40%) and Restaurant bills 4.944% ( Abatement -60%). we are paying sum amount for advertisement & Telephone bills with service tax. CAN WE TAKE CENVAT CREDIT?
Thank You
Regards
Sellamuthu.T
we are running two star hotel and we are charging the service tax for Room bills @7.42%( Abtement - 40%) and Restaurant bills 4.944% ( Abatement -60%). we are paying sum amount for advertisement & Telephone bills with service tax. CAN WE TAKE CENVAT CREDIT?
Thank You
Regards
Sellamuthu.T
23 January 2015
You can take cenvat credit....
23 January 2015
Thank You Mr.Seetharaman Sir.
Can We take Full amount of Service tax or partial amount of Service tax? for example . we paying advertisement bills for Rs.35000/-per month and service tax of Rs.4326/- for entire Hotel. Can we take Cevat Credit in full amount or partial amount on the basis of Abatement.
Please Advice me.
Thank You
Can We take Full amount of Service tax or partial amount of Service tax? for example . we paying advertisement bills for Rs.35000/-per month and service tax of Rs.4326/- for entire Hotel. Can we take Cevat Credit in full amount or partial amount on the basis of Abatement.
Please Advice me.
Thank You
23 January 2015
You can take full amount if your entire hotel is covered for service tax. Availing abatement is not a problem.
23 January 2015
Dear Sir,
Can I get a Notification Link ? Please.
Thank You
Can I get a Notification Link ? Please.
Thank You
23 January 2015
Please see the link.
https://taxguru.in/service-tax/cenvat-credit-input-services.html
https://taxguru.in/service-tax/cenvat-credit-input-services.html
24 January 2015
Thank You Very Much Sir
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