service tax credit on tax paid under section 66A
This query is : Resolved
10 February 2009
Weather service tax credit for input services falls U/s 66A can be taken to setoff the tax payable on out put services or payment of excise?
please also mention any specific circular is available.
please also mention any specific circular is available.
10 February 2009
Yes. Duty paid is available as credit, if the services are inout services.
However, cenvat credit cannot be used to pay service tax liability under Section 66A, as it is not treated as output service for the purposes of Cenvat Credit Rules.
However, cenvat credit cannot be used to pay service tax liability under Section 66A, as it is not treated as output service for the purposes of Cenvat Credit Rules.
11 February 2009
I want to know weather sponsorship exp paid will have service tax paid U/s 66A and same can be taken to setoff the excise duty payable after taking abatement under CENVAT credit rules.
26 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
- Supply through E-commerce Operators
- STCG....................................................
- TAN for Partnership
- Relief u/s Section 89
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- GST ON DAMAGED GOODS
- Taxation on LTCG for property sold after 24JUL2024
- Loan by Partnership Firm
- Suggestions required for income tax filing-software (FY 2025-26)
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
