banner_ad

Credit of service tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
05 April 2009 Friends,

I want to know whether one can utilise credit of service tax paid on input service against other output service.i.e. whether nexus is required between input and output.


Thanks
Profile Image

Deepak Agrawal

Profile Image

Deepak Agrawal (Expert)
05 April 2009 Not required....
Profile Image

Pravin Nemad-CWA

Profile Image

Pravin Nemad-CWA (Expert)
07 April 2009 As per Defination, Cenvat i.e eligable duty paid on the input and Capital goods are eligable for credit provided the following condition are satisfied
1. Input are used to provide the output serivecs.
2. Capital Goods enumerated in rule 2 a which are used for providing output services .
So as per defination Service tax credit is eligable only if said services are "used by a provider of taxable services for providing an output services.
You need to establish realtion between input services & output services before utilising the same, because if it is not utilise in relation to output services then it will be disallowed by excise department.
nemadandassociates@rediffmail.com
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details