Input credit paid on exempted services
This query is : Resolved
Palash Gupta
(Querist)
09 December 2013
Dear Sir
We are an advocate firm providing taxable services to its Indian as well as Foreign clients.
As we know services rendered to foreign clients are not taxable under Export of Service Rules, 2005 but the same had been paid by mistake by us.
My query is can we utilize the CENVAT credit on input services provided to such foreign clients or not or do we have to take the refund of the same
Please help
We are an advocate firm providing taxable services to its Indian as well as Foreign clients.
As we know services rendered to foreign clients are not taxable under Export of Service Rules, 2005 but the same had been paid by mistake by us.
My query is can we utilize the CENVAT credit on input services provided to such foreign clients or not or do we have to take the refund of the same
Please help
09 December 2013
the ans is no...when it was not ur liability as per law to pay service tax then law bars for service tax credit wrongly paid on exempted service.
it is advisable to go for refund route.
it is advisable to go for refund route.
Palash Gupta
(Querist)
12 December 2013
Thanks Sir....more views are welcome!
13 December 2013
you are welcome.
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