Input service tax credit
This query is : Resolved
03 July 2015
Dear Sir,
I want to know we have impoted certain materials and used the same for trading and our Company is having Manufactruing operation and ST Credit is already taken in other cases so in this case imported Materials used for trading purpose should be eligible for St Credit. In bill Party has separatley shown the ST. So Question is for Availment.
Kindly explain.
I want to know we have impoted certain materials and used the same for trading and our Company is having Manufactruing operation and ST Credit is already taken in other cases so in this case imported Materials used for trading purpose should be eligible for St Credit. In bill Party has separatley shown the ST. So Question is for Availment.
Kindly explain.
03 July 2015
No ST credit can be taken for materials used for trading.
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