Input tax credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 March 2013
good afternoon every1,
i had a small doubt regarding availing service tax credit. when can a service provider use his input tax credit? can he use a tax credit without receiving the service tax just by raising the invoice or he has to receive the service tax amount?
i had a small doubt regarding availing service tax credit. when can a service provider use his input tax credit? can he use a tax credit without receiving the service tax just by raising the invoice or he has to receive the service tax amount?
Rajeev Kumar Garg
(Expert)
14 March 2013
Credit of service tax is utilised in payment of service tax payable on out put services as per your bills. Receipt of paymemt of service tax charged on your bills has no connection for utilisation of cenvat credit on input services.
If you are satisfied, please click on "Thank User"
Thanks.
Rajeev Kumar Garg
(M.Com, L.L.B.)
Consultant (Excise, Customs & Service Tax)
Ph. no. +91 7500802402
If you are satisfied, please click on "Thank User"
Thanks.
Rajeev Kumar Garg
(M.Com, L.L.B.)
Consultant (Excise, Customs & Service Tax)
Ph. no. +91 7500802402
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