Service Tax set off
This query is : Resolved
04 June 2010
Hi,
Can we take set off of all services received(i.e Telephone bills,Audit fees,Transportation bills,C & F Bills) against our notified services like Maintenance & Repairs,Business Support Services etc
If yes,What's the % that we can avail
If No,any other comments to avail the above set off??
Thanks
Ashwin
Can we take set off of all services received(i.e Telephone bills,Audit fees,Transportation bills,C & F Bills) against our notified services like Maintenance & Repairs,Business Support Services etc
If yes,What's the % that we can avail
If No,any other comments to avail the above set off??
Thanks
Ashwin
04 June 2010
hi dear,
i think the you r not up to the point.
Normally u can adjust your tax liability against your input tax credit from services you have received.If this is your case,The answer is YES.There is nothing like %.U can avail entire credit and adjust the same.
i think the you r not up to the point.
Normally u can adjust your tax liability against your input tax credit from services you have received.If this is your case,The answer is YES.There is nothing like %.U can avail entire credit and adjust the same.
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