Service tax setoff
This query is : Resolved
11 May 2017
I am an accountant with a partnership firm.
My organisation firm pays rent and service tax for a piece of land.
on other hand we provide the land to the customer for sports on hour basis and charge it as a rent and also collect service tax from them and deposit with Govt Treasury.
My query is whether could I get set-off of service tax paid by on rent.
Thanks
Babukhan
My organisation firm pays rent and service tax for a piece of land.
on other hand we provide the land to the customer for sports on hour basis and charge it as a rent and also collect service tax from them and deposit with Govt Treasury.
My query is whether could I get set-off of service tax paid by on rent.
Thanks
Babukhan
11 May 2017
Yes input tax credit can be taken on service tax paid on rent.
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
- Section 54 f disallowed will be taxed at what rate
- TWO FIRM NAME IN ONE GST NUMBER
- ITR -1 Filing
- Transportation of Petrol, Diesel by GTA and Other than GTA
- IGST Refund pending since June 2022.
- Trust 10AB form required for old asst. years?
- Transfer of rectification rights to ao
- TDS whether applicable or not in case of Flat purchase
- SEA GOING ALLOWANCE
- Transfer of Rectification Rights to the Jurisdictional Assessing Officer
- Utilisation of cgst cash ledger balance first to pay cgst liability instead of cgst credit ledger ba
- Pension Misclassification and Correction in Filed ITRs
- Gratuity payment criteria
- Procedure and Documents Required for Release of FD from DVAT
- How to rectify gstr1 credit note
- Non- payment of GST on supply of services- reg
- Other party gstin shown on my login id
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Query on TDS Section 194H
Trending Online Classes
CAclubindia
