Security chgs service tax
This query is : Resolved
k.chinni krishna
(Querist)
17 August 2007
Can Service tax charged in bill by a Security service agency be taken as credit/set-off against excise duty payment?
k.chinni krishna
(Querist)
17 August 2007
It is said that as It's not related to production/ manufacturing so No credit is eligible. is this true? our company is manufacturer of road safety products (crash barriers).
Shyam Lal Naik
(Expert)
18 August 2007
If you are engaging service of security agency for the security of your factory, it is related to production.
The defination of Input service covers services used by the manufacturer whether directly or indirectly in the manufacture.
Further, Rule6(5) of Cenvat Credit Rules specifies Security Agency Service among other service as eligible for 100% credit even if partly used for production of exempted products.
SETOFF CAN BE TAKEN.
The defination of Input service covers services used by the manufacturer whether directly or indirectly in the manufacture.
Further, Rule6(5) of Cenvat Credit Rules specifies Security Agency Service among other service as eligible for 100% credit even if partly used for production of exempted products.
SETOFF CAN BE TAKEN.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Accounting treatment of AMC alongwith the purchase of Laptop
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
