Service Tax Input
This query is : Resolved
20 June 2009
I am in a company which has following business:-
1.Trading of goods
2.Installation of goods
Can i get the credit of excise duty set off from service tax liability which arise on installation bill
I am presently taking vat input benefit from sale tax liability
Purchase Value:-100
Excise Duty:-10
Vat :-8
Total Purchase Cost:-118
Can i take the benefit of excise duty i.e. Rs.10 from service tax liability
1.Trading of goods
2.Installation of goods
Can i get the credit of excise duty set off from service tax liability which arise on installation bill
I am presently taking vat input benefit from sale tax liability
Purchase Value:-100
Excise Duty:-10
Vat :-8
Total Purchase Cost:-118
Can i take the benefit of excise duty i.e. Rs.10 from service tax liability
Madhukar N Hiregange
(Expert)
20 June 2009
If your were to take the CED credit then you would have to pay the ST on the gross amount.
However if abatement/ composition is opted for then there is no possibility of claiming the input CED credit.
However if abatement/ composition is opted for then there is no possibility of claiming the input CED credit.
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 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
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Transfer of Physical Stock Between Two Proprietorship Concerns
- 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
