Service tax liability
This query is : Resolved
04 February 2014
Dear Sir/Madam,
My company is registered in conventions services and we are charging service tax @12.36% in our billing.
in the month of jan i received a bill of manpower supply on which 75% of service tax liability is payable by me.
& in the same month i have higher amount of cenvat credit in my books.
so can i adjust this cenvat credit with my rcm libility on manpower bill
please update me with a service tax notification.
regards.......
Shekhar Arya
My company is registered in conventions services and we are charging service tax @12.36% in our billing.
in the month of jan i received a bill of manpower supply on which 75% of service tax liability is payable by me.
& in the same month i have higher amount of cenvat credit in my books.
so can i adjust this cenvat credit with my rcm libility on manpower bill
please update me with a service tax notification.
regards.......
Shekhar Arya
AVTAR SINGH
(Expert)
04 February 2014
Firstly. you will have to deposit the service tax then you can claim cenvat 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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- 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
