Input service tax (cenvat credit)
This query is : Resolved
26 June 2013
Hi Fellowmates,
I am working with a limited Organization. we are registered with the service tax dept. we are not collecting service tax from our clients ,but we are paying service tax on the client bill amount from our own pocket.can we claim cenvat credit of input service tax paid .we have a long outstanding input tax , it relates to past previous years, can we adjust in the in the current year
I am working with a limited Organization. we are registered with the service tax dept. we are not collecting service tax from our clients ,but we are paying service tax on the client bill amount from our own pocket.can we claim cenvat credit of input service tax paid .we have a long outstanding input tax , it relates to past previous years, can we adjust in the in the current year
26 June 2013
Yes if you are paying service tax on output service you cannot be denied credit of service tax paid on input services. But you should be careful that there must be some nexus between input services with the output services provided.
28 June 2013
your reply gave me confidence to proceed further . i just modify my query can you please go through it and give your acceptable opinion.thanking you again.
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- FORM 26A APPLICABILITY
- SFT Cash Deposit in Current Account
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
