Service tax matters
This query is : Resolved
06 July 2013
A company paying service tax @4.8% composition scheme (i.e.Rs.1,84,757/-)and having CENVAT CREDIT Amounting Rs.6,52,037/-
Q1.whether company can avail this credit ?
Q2.And same company is paying to legal consultant/security services and will have to pay service tax as reverse charge .whether new service tax registration required and whether two return will be filled ?
A company paying service tax @4.8% composition scheme (i.e.Rs.1,84,757/-)and having CENVAT CREDIT Amounting Rs.6,52,037/-
Q1.whether company can avail this credit ?
Q2.And same company is paying to legal consultant/security services and will have to pay service tax as reverse charge .whether new service tax registration required and whether two return will be filled ?
07 July 2013
The eligible capital goods used to provide the service or input services used for provding the service is available. However inputs not allowed such as cement/ steel.
Same return for reverse charge separate part available and can be used.
Same return for reverse charge separate part available and can be used.
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
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
