Service tax
This query is : Resolved
09 July 2014
hi everyone. my dad is a businessman. he is dealing with some companies.my dad is paying service tax to those companies and he is also paying the service tax to the government. so he got a doubt that the money which he is paying to those companies can be deducted from the money he is paying to the government and can he pay the remaining money to the government.??????
Annu Agarwal
(Expert)
09 July 2014
If your dad is a service provider or a manufacturer and the servicetax he has paid to companies relates to input service or inputs then he can utilize the credit of service tax so paid.
But if he is a service reciever required to pay service tax under reverse charge then he cannot utilie the input tax credit.
But if he is a service reciever required to pay service tax under reverse charge then he cannot utilie the input tax credit.
Message likes :
1 times
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
- Nursery business
- Tax on Amount transferred in HUF Account
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Intimation under section 245
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- 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
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
