Service tax on director
This query is : Resolved
29 August 2015
DEAR SIR DIRECTOR PROVIDES SERVICE TO A COMPANY OF RS 750000 INTHISE CASE COMPANY IS PAY TO SERVISE TAX 100% 750000*14=105000
HE CAN CLAIME ABATEMENT AS WEEL AS CENVAT CREDIT OR NOT???DIRECTOR CAN AVAIL BASIC EXEMPITION LIMIT OF RS 1000000.PLEASE GIVE ME ANSWERE YES OR NOT???
HE CAN CLAIME ABATEMENT AS WEEL AS CENVAT CREDIT OR NOT???DIRECTOR CAN AVAIL BASIC EXEMPITION LIMIT OF RS 1000000.PLEASE GIVE ME ANSWERE YES OR NOT???
Arun Kumar Singh
(Expert)
31 August 2015
There is no any abatement. The company can take the cenvat credit of duty paid under RCM.
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
- Depreciation Chart Companies Act
- 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
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- 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
