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
- TDS 194-T applicability
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Putting a heading on received mail
- TDS on TRUST
- Reprocessing of rectification order AY 2025-26
- Section 50-fixed asset-->building ceases to exist
- Consolidated financials
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
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
