Is STpayable even if net liability after input credt is nil?
This query is : Resolved
VENKATESH N
(Querist)
06 September 2010
Dear Expert,
Should service tax collected be paid even if net liablity after adjusting input credit is NIL? kindly claify.
Should service tax collected be paid even if net liablity after adjusting input credit is NIL? kindly claify.
Madhukar N Hiregange
(Expert)
06 September 2010
No credit can be set off and only if there is any liability there should be a payment
Message likes :
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06 September 2010
Agreed with Mr.Madhukar.
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