Credit on ST payment
This query is : Resolved
26 October 2010
The assessee pay ST as service rcvr - goods transport by road. No output service is provided. but assessee import goods and pay excise duty/CVD. can credit be claimed on the ST paid as serive rcvr and also the ST paid on telephone & Misc...
found a reply by madhukar sir
https://www.caclubindia.com/experts/liability-as-transport-service-receiver-or-not--506525.asp
Situation here is the assessee is not a manufacturer..
found a reply by madhukar sir
https://www.caclubindia.com/experts/liability-as-transport-service-receiver-or-not--506525.asp
Situation here is the assessee is not a manufacturer..
27 October 2010
There is no ouput service, so input credit cannot be taken.
Madhukar N Hiregange
(Expert)
27 October 2010
No credit for payment of ST on imported services. Stay in cas eof Toyota Kirloskar exists on demand on credits used to pay 66A payments. Once this is finally decided that we would have clarity.
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