Input service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 July 2014
Sir, I am working in telecom sector we purchase sim and top up voucher from vodaphone company.Vodaphone company issued invoice with service tax but my company not registered in service tax then how we adjust service tax of purchase bill.we added in purchase a/c or we trns. in direct or indirect exp. in p/l a/c
PAWAN KUMAR
(Expert)
24 July 2014
Dear Sir,
As per my view, service tax which is not claimable for you, is to be booked in direct expense in profit & loss account.
As per my view, service tax which is not claimable for you, is to be booked in direct expense in profit & loss account.
Sandeep Dharar
(Expert)
24 July 2014
since u can't claim CENVAT (input credit) coz u do not have registered in ST. So I suggest u to add it with the purchase amount.
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