Service tax input credit.
This query is : Resolved
09 September 2015
Dear Sir /Madam
we are fabrication & Erection contractors, we are utilizing the crane services of the third party provided by the company. The third party is producing bill to the company towards utilization of crane services. The company is debiting the crane charges along with service tax to our account. While paying service tax for fabrication works can we deduct the service tax debited by the company and pay the balance. If Yes Please me provide any notificaion or any case.
do send the replies to jeelanbashas@rediffmail.com
Thanks
Jeelan Basha.
we are fabrication & Erection contractors, we are utilizing the crane services of the third party provided by the company. The third party is producing bill to the company towards utilization of crane services. The company is debiting the crane charges along with service tax to our account. While paying service tax for fabrication works can we deduct the service tax debited by the company and pay the balance. If Yes Please me provide any notificaion or any case.
do send the replies to jeelanbashas@rediffmail.com
Thanks
Jeelan Basha.
09 September 2015
As per cenvat credit Rules 2004 you can avail input tax credit and pay the balance.
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