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Service tax credit

This query is : Resolved 

16 May 2014 ABC (SERVICE PROVIDER) INITIALLY RAISED A BILL RELATING TO MARCH 2014, WITH OUT SERVICE TAx.

AND THERE AFTER REALISING, THAT HIS GROSS RECEIPTS CROSSED 10 LAKHS, HE PAYS THE SERVICE TAX AMOUNT AND CLAIMES THE SAME FROM XYX ( SERVICE RECEIVER).

CAN THE XYZ, TAKE THE CREDIT OF THE SERVICE TAX AMOUNT PAID TO ABC, AS INPUT SERVICE TAX, WHILE PAYING THE SERVICE TAX RELATING TO MAY 2014.


22 May 2014 Yes. As long as the service provider provides a cenvatable invoice. ie with clear breakup of tax and service tax registration number in the invoice.


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