Service tax credit
This query is : Resolved
03 November 2015
DEAR SIR
COMPANY CAN TAKE CREDIT INPUT SERVIE TAX ON INTERNET SERVICE BILL, cOURIER SERVICE BILL, BSNL BIll.
TOTAL INPUT ON THOSE BILLS iS RS:-32543/-
OUTPUT EXCISE DUTY PAYABLE IS RS :-507065/-
Company is reg in excise only.
WE ADJUST INPUT OF NOT.
IF ADJUST THE INPUT HOW MUCH DUTY IS PAYABLE.
COMPANY CAN TAKE CREDIT INPUT SERVIE TAX ON INTERNET SERVICE BILL, cOURIER SERVICE BILL, BSNL BIll.
TOTAL INPUT ON THOSE BILLS iS RS:-32543/-
OUTPUT EXCISE DUTY PAYABLE IS RS :-507065/-
Company is reg in excise only.
WE ADJUST INPUT OF NOT.
IF ADJUST THE INPUT HOW MUCH DUTY IS PAYABLE.
Arun Kumar Singh
(Expert)
03 November 2015
The cenvat credit will be available on only inputs, input service and capital goods. The cenvat credit will not be available on Interest and penalty amount.
03 November 2015
Service Tax Input-32543/- (Input on Mobile Bills,Internet Bill & Security Services)
EXcise Duty Input-298315/-
Excise Output-507065/-
Please calculate the excise duty payable Amount.
EXcise Duty Input-298315/-
Excise Output-507065/-
Please calculate the excise duty payable Amount.
Arun Kumar Singh
(Expert)
03 November 2015
You can paid the excise duty from input services and remaining balance pay from PLA account.
03 November 2015
I doubt as neither registered under service tax nor a service provider
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- EPF ECR NEW RULES Sep 17th 2026
- MSME disclosure and disallowance
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
