input service tax credit


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Querist : Anonymous (Querist)
12 May 2010 whether it is compulsory to avil the benefit of input service tax credit.is their any provision relating to this

12 May 2010 Taking CENVAT is your option, but taking is save your money and avoid double taxation

13 May 2010 Service provider can avail Cenvat credit of service tax paid on input services and excise duty paid on inputs and capital goods. The credit can be utilised for payment of service tax on output services.

16 May 2010 it is optional


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