Input Credit
This query is : Resolved
Rukmani Shankar
(Querist)
19 October 2010
If a service provider (being a transport & clearing agent) makes a payment in the nature of commission inclusive of service tax, can he take credit of the same after making payment?
19 October 2010
In case of transporter , service receiver has to pay the service tax - Input credit will not be available since tax is nil.
In case claering agent - Input credit will be available.
In case claering agent - Input credit will be available.
CMA Ramesh Krishnan
(Expert)
19 October 2010
If service provider providing taxable service and paying service tax, then he can take Inout cenvat against the payment of service tax payable
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