Service tax credit in excise book
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 September 2011
Dear Sir,
1. My client business is mfg. of engineering equipment. On service tax payment on Factory Rent. My client can get the credit of service tax in Excise book?
2. During mfg. process my client also install the plant at client location. He is getting tax reim from from the company. Against the service tax collected from the client he can get set off against the Officer Rent payment service Tax?
1. My client business is mfg. of engineering equipment. On service tax payment on Factory Rent. My client can get the credit of service tax in Excise book?
2. During mfg. process my client also install the plant at client location. He is getting tax reim from from the company. Against the service tax collected from the client he can get set off against the Officer Rent payment service Tax?
22 September 2011
1. service tax paid on factory rent can be claimed as input credit, provided the client is not availing any exemption/abatement of either excise or service tax.
2. office rent is not a part of input services, hence it can not be claimed.
2. office rent is not a part of input services, hence it can not be claimed.
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 on travel by air for business purposes
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- F&O reporting in ITR
- Taxation on Old jewellery sold
- Loss of interest in PF transfer from EPFO to Trust
- Short Term Gain Reporting ITR
- Query regarding reporting of exempt foreign remuneration in ITR
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- U/S 194 T
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
