input service credit - applicable or not - please guide
This query is : Resolved
10 May 2011
Dear sir(s)
Please reply on the following :
We are purchasing/procuring excisable goods without payment of excise duty for export under CT-1 bond . The goods were in natural colour.
Further we are getting these goods zinc plated from a job worker. Job worker charging us service tax in his bill.
Please guide me - whether this service tax is eligible as input service credit. Can we take credit of this service tax.
please reply.
Thanks and regards.
Hardeep
Please reply on the following :
We are purchasing/procuring excisable goods without payment of excise duty for export under CT-1 bond . The goods were in natural colour.
Further we are getting these goods zinc plated from a job worker. Job worker charging us service tax in his bill.
Please guide me - whether this service tax is eligible as input service credit. Can we take credit of this service tax.
please reply.
Thanks and regards.
Hardeep
10 May 2011
The input service is business auxiliary service not qualifying for refund under Noti.17/2009. But you can claim cenvat credit for set off against your duty liability for domestic clearance if any.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reopen of assessment proceeding
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Management System (IMS)
- FTS Taxable under 115A
- Experts need help
- Gift Received from nonblood relative
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
