Service tax
This query is : Resolved
21 December 2012
Dear sir,
I am accountant in one proprietor firm and firm have service Tax number
Proprietor (person) received Rental income from one party
Party deducts TDS and after deducting TDS spend Rental amount to Proprietor (person).
Proprietor quarterly deposited 12.36% Service Tax to government.
If proprietor received bill of firm name from one service providing company.
Can proprietor (firm) credit it .,yes or No,
If no than
If we can received bill named Personal Name than we can received this service Tax amount credit .
Please give guidance about it
Thanks & Regards
Ashwin gohel
Rajkot
I am accountant in one proprietor firm and firm have service Tax number
Proprietor (person) received Rental income from one party
Party deducts TDS and after deducting TDS spend Rental amount to Proprietor (person).
Proprietor quarterly deposited 12.36% Service Tax to government.
If proprietor received bill of firm name from one service providing company.
Can proprietor (firm) credit it .,yes or No,
If no than
If we can received bill named Personal Name than we can received this service Tax amount credit .
Please give guidance about it
Thanks & Regards
Ashwin gohel
Rajkot
23 December 2012
what kind of Service you are taking ?
Is it directly related to the output Service provided ?
If yes then you can avail the credit of S,tax paid.
Is it directly related to the output Service provided ?
If yes then you can avail the credit of S,tax paid.
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23 December 2012
Thanks to kaushik Vinod
We have received bill from one hotal booked for advertisement .
2nd bill that we had take part in exibition and pay rent of stall to arranger .
Thanks to kaushik Vinod
We have received bill from one hotal booked for advertisement .
2nd bill that we had take part in exibition and pay rent of stall to arranger .
24 December 2012
Yes Ashwin,
Input Service includes as per Rule 2(l):-
services used in relation to modernisation, renovation or repairs of a factory, premises of provider of output service or an office relating to such factory or premises, advertisement or sales promotion, market research, storage upto the place of removal, procurement of inputs, accounting, auditing, financing, recruitment and quality control, coaching and training, computer networking, credit rating, share registry, security, business exhibition, legal services, inward transportation of inputs or capital goods and outward transportation upto the place of removal;
Hope both of your services are eligible for .
Thanks
Input Service includes as per Rule 2(l):-
services used in relation to modernisation, renovation or repairs of a factory, premises of provider of output service or an office relating to such factory or premises, advertisement or sales promotion, market research, storage upto the place of removal, procurement of inputs, accounting, auditing, financing, recruitment and quality control, coaching and training, computer networking, credit rating, share registry, security, business exhibition, legal services, inward transportation of inputs or capital goods and outward transportation upto the place of removal;
Hope both of your services are eligible for .
Thanks
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