Service Tax Registration
This query is : Resolved
31 March 2009
Dear Sir,
Thnax a lot for your quick reply.
In continuation to my earlier query, I have the following query-
Being a Tour Operator & Travel Agent, I need to take services from my sub-agents for my clients. For which they issue Invoice in favour of my company and charge Service Tax on the service provided.
Kindly advise, if I can take Cenvat Credit of the service tax, I have paid already to my sub-agent.
Here, I would like to mention that I'm charging my clients @ 2.58% on the Total Tour Value. Means I'm claiming 75% Abatement, applicable on Tour Operator's Services.
Kindly advise.
Your's sincerely- Anurag
Thnax a lot for your quick reply.
In continuation to my earlier query, I have the following query-
Being a Tour Operator & Travel Agent, I need to take services from my sub-agents for my clients. For which they issue Invoice in favour of my company and charge Service Tax on the service provided.
Kindly advise, if I can take Cenvat Credit of the service tax, I have paid already to my sub-agent.
Here, I would like to mention that I'm charging my clients @ 2.58% on the Total Tour Value. Means I'm claiming 75% Abatement, applicable on Tour Operator's Services.
Kindly advise.
Your's sincerely- Anurag
01 April 2009
Please refer to the definition of your service category, there itself it is clarified that no Cenvat credit when abatement is claimed.
The conditions are stipulated therein which cleary says cenvat credit should not be taken
The conditions are stipulated therein which cleary says cenvat credit should not be taken
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
- CAPITAL GAIN BASE ON NOTIFICATION
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- NRI starting business in India
- Difference between Date of Payment and Date of Deduction?
- Journal entry of busniess expenses
- GST not cancelled by tenant
- FORM 141 SDV query
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- Cash balance limit and property purchases limit
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
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
