CNEVAT credit
This query is : Resolved
21 July 2008
We give service under BAS
We raised debit Note as commission for arranging sales or purchase to our customers/ suppliers and for that we charged 12.36% as service tax under (BAS)
and also we raised debit note as commission against Highseas Sale to our customers and for that also we charged 12.36% as service tax under (BAS)
we pay service tax on others serices like telehone, bank, shipping company , clearing agent.... can we take as cenvat credit to adjust against my payment of service tax towards my BAS liability...
Please guide.....
We raised debit Note as commission for arranging sales or purchase to our customers/ suppliers and for that we charged 12.36% as service tax under (BAS)
and also we raised debit note as commission against Highseas Sale to our customers and for that also we charged 12.36% as service tax under (BAS)
we pay service tax on others serices like telehone, bank, shipping company , clearing agent.... can we take as cenvat credit to adjust against my payment of service tax towards my BAS liability...
Please guide.....
22 July 2008
Yes, CENVAT credit can be availed
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