20 January 2016
I have a business of internet service provider i had paid service tax my supplier on internet service than i charge service tax from my customers can i take credit of service tax on payment and how much amount i shall paid on those service (ie:i paid 100 Rs. service tax to my supplier and 110 Rs. received from my customers than i am liable for only 10 Rs.) please clarify
21 January 2016
Yes you can avail credit however u have to mention in the service tax return and also have to mention records of input services regarding date amount name of provider registration no etc
CAclubindia
