INPUT CREDITS ON SERVICE TAX

This query is : Resolved

Sanjay Agarwal (Querist)
Follow

19 March 2009 CAN WE GET CREDIT FOR SERVICE TAX PAID ON TEL BILLS, ELECTRICITY ETC AND ADJUST THE SAME AGST OUR LIABILITY FOR PAYMENT OF SERVICE TAX.

CAN WE GET THE CREDIT IF THE BILLS ARE NOT IN THE NAME OF FIRM BUT IN THE NAME OF PROPRIETOR.

Rajesh Kumar

Rajesh Kumar (Expert)
Follow

19 March 2009 Yes, if such services are input services.
To take credit in the Cenvat credit rules, use of input services are required in providing output service; it is irrelevant that the bill is in the name of proprietor. In any case, in the eyes of law, a proprietor & a proporietorship firm is one and same thing.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

debi patnaik

Sridhar h s

venkatesh c

Chandrasekhar gadde

Pranab Banerjee

Subscribe Now

INPUT CREDITS ON SERVICE TAX

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

Article Assistant

GST CONSULTANT

Manager- Finance and Compliance

CA Final

GST CONSULTANCY