Service Tax Rebate
This query is : Resolved
Sandip Ojha
(Querist)
05 July 2007
Ours is a IT Company engaged in both Software and BPO.Whether it is easier to claim reabte on service tax or should one go for Cenvat refund under Central sales Tax. One of my colleuge has suggested me gto go for refund as claiming service tax rebate is very combursome and impractical.
Sandip
Sandip
Shashi Mohan Jha
(Expert)
12 July 2007
It is always beneficial to go for rebate thing. it will also have an +ve impact on your cash flows
Shyam Lal Naik
(Expert)
16 July 2007
I am a bit confused with the question.
First - there is nothing like rebate on service tax under service tax law.
Second - There is no provision for refund of Cenvat. Cenvat can only be utilised to discharge Central Excise Duty/Service Tax.
Third - Cenvat refund is certainly not under Central Sales Tax.
First - there is nothing like rebate on service tax under service tax law.
Second - There is no provision for refund of Cenvat. Cenvat can only be utilised to discharge Central Excise Duty/Service Tax.
Third - Cenvat refund is certainly not under Central Sales Tax.
Ravikumar.G
(Expert)
09 November 2007
Your are taking about rebate or exemption?
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
- EPF ECR NEW RULES Sep 17th 2026
- MSME disclosure and disallowance
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- 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
