Input tax credit
This query is : Resolved
02 August 2013
sir
Can A work contractor paying service tax by availing abatement @ 60% for material etc. take ITC. on all other input service like banking, telephone, insurance,or he is to restrict himself by taking ITC of services which he has used for providing that particular service in which he is registered.
Can A work contractor paying service tax by availing abatement @ 60% for material etc. take ITC. on all other input service like banking, telephone, insurance,or he is to restrict himself by taking ITC of services which he has used for providing that particular service in which he is registered.
02 August 2013
when abatement facility is used, no ITC is allowed
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
- Required to submit form 10IEA_fy 24-25
- Error whilst validation
- Rebate u/sec. 87A manually
- TDS deducted in different section but Deposited in a Single section via Single challan
- Ewaybill Material value reg
- Procedure and Documents Required for Release of FD from DVAT
- Treatment of Profit on sale of fixed assets
- ITR2 Not Validating Short Term Capital Loss as value less than zero
- IGST Refund pending since June 2022.
- PAN for Municipal Corporation
- GSTR ITC relationship
- Profit transfer entry from one branch to head office branch
- RCM on affiliation fees paid to foreign educational institution
- E proceeding query u/s 143(2) for a.y. 24.25
- REQUEST FOR HELP IN TALLY THE BALANCE SHEET
- CHANGE IN PARTICULARS OF DIRECTOR
- Non- payment of GST on supply of services- reg
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Fees amount transfer procedure for two doctors
Trending Online Classes
CAclubindia
