Input credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 September 2013
HELLOOO...
A COMPANY IS RECEIVING SERVICE FROM A COMPANY FOR ACCURACY OF ITS PRODUCTS MANUFACTURED. AND THE S.P. CO. IS CHARGING SERVICE TAX FOR THAT AND IT IS ENTERED AS TESTING AND CALIBREATION EXP. IN OUR BOOKS OF ACCOUNTS.
I WANT TO ASK THAT WHEATHER WE CAN CLAIM THE INPUUT CREDIT OF SERVICE TAX PAID BY US.
THANKS
A COMPANY IS RECEIVING SERVICE FROM A COMPANY FOR ACCURACY OF ITS PRODUCTS MANUFACTURED. AND THE S.P. CO. IS CHARGING SERVICE TAX FOR THAT AND IT IS ENTERED AS TESTING AND CALIBREATION EXP. IN OUR BOOKS OF ACCOUNTS.
I WANT TO ASK THAT WHEATHER WE CAN CLAIM THE INPUUT CREDIT OF SERVICE TAX PAID BY US.
THANKS
05 September 2013
Yes, the service described are you is eligible for input credit beyond any doubt.
disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case
disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case
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