Set off service tax payable under rcm from service tax inpu
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 June 2014
whether company can set off service tax payable under reverse charge from service tax input that is huge amount .
Thanks in advance
Thanks in advance
CA Mandeep Singh
(Expert)
02 June 2014
No, you need to deposit the service tax which is covered under rcm
Rupesh Jain
(Expert)
03 June 2014
no its not possible to set off the reverse charge with input tax.
07 June 2014
no set off is allowed under reverse charge mechanism.
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