Credit of service tax
This query is : Resolved
21 December 2014
Dear all,,, one query
If one firm is engaged in both trading nd servicing... will the credit of service tax is available in full or not e.g., service tax paid on rent of dat premises,, service tax on electricity bill or telephone bill.. nd one more question... will the credit of service tax paid on restaurants bill is available..!!!!??!!
21 December 2014
Credit of service tax can be availed to the extent of service utilized for earning out put service. Claim proportionately.
22 December 2014
NO IF YOU ARE TRADER THEN NO SRVCIE TAX INPUT AVAILABLE AND IF YOU ARE MFG. THEN SERVICE TAX INPUT AVAILABLE.
SERVICE TAX INPUT AVAILABLE IF YOU ARE SREVICE PROVIDER AND SERVICE RECEIVED FOR SERVICE PROVIDER THEN YOU TAKE INPUT OF RELATED SERVICE WHICH IS RELATED TO OUTPUT SERVCIES.
SERVICE TAX INPUT AVAILABLE IF YOU ARE SREVICE PROVIDER AND SERVICE RECEIVED FOR SERVICE PROVIDER THEN YOU TAKE INPUT OF RELATED SERVICE WHICH IS RELATED TO OUTPUT SERVCIES.
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
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Procedure for claiming exemption in Article Ship for CA Course
- Salary and pension received from Asian Development Bank
- RNOR Status but Investments more than Income
- What is provisional receipt number for generation of form 16A
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Capital Gain on EUITY Shares
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
