Service Tax credit
This query is : Resolved
SAMIR K MEHTA
(Querist)
17 December 2008
I am manufacturing company. I make various import purchase during the year. and for that I have availed service of C & F Agent who provides me various service like pmt of dock charges , custom duty , CHA charges , transportation etc on my behalf and than he raised the 2 bills
1 ] 1st bill for his agency charges
2 ] 2nd bill for expenses incurred by him on our behalf
my question is can I take Service Tax Credit for the amount of service tax charges by various agency , payment of which is made by my C & f agent on our behalf.
Pl give me checklist & procedure & documents required for getting Service Tax credit as third party ledger is not in my books and service tax credit is available on payment basis.
1 ] 1st bill for his agency charges
2 ] 2nd bill for expenses incurred by him on our behalf
my question is can I take Service Tax Credit for the amount of service tax charges by various agency , payment of which is made by my C & f agent on our behalf.
Pl give me checklist & procedure & documents required for getting Service Tax credit as third party ledger is not in my books and service tax credit is available on payment basis.
17 December 2008
In my opinion you can avail credit on the expenses incurred on your behalf provided the bills are in your name, expenditure are incurred by you and the input services are received in connection with the maufacture.
25 June 2023
"Sorry, I am not a featured member."
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
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
- Gst credit note by supplier
- Reward for festival
- 18% Rent a cab
- Movement of goods by packers and movers - type of sale - Reg.
- Missed uploading GST Invoice
- Closer of business and itc of capital goods
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Gratuity paid to legal heir above 20 lakh is taxable or not
- TDS Return Statement Status
- Appointment of Auditor By Form ADT-1
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
