St-3 return
This query is : Resolved
21 September 2011
My client is a private Ltd company.It receives port services.The company doesn't provide any service.While filing service tax return
1)Will it show Nil in st-3,(Cenvat credit taken and utilized column) as the company can not take credit if it doesn't provide output service.or
2)The company cannot take service tax credit or after taking credit the amount of credit will be charged to P/L.
3) If nil return will be furnished then how the party which is providing service will pay service tax.
1)Will it show Nil in st-3,(Cenvat credit taken and utilized column) as the company can not take credit if it doesn't provide output service.or
2)The company cannot take service tax credit or after taking credit the amount of credit will be charged to P/L.
3) If nil return will be furnished then how the party which is providing service will pay service tax.
22 September 2011
1. NIL return
2. no input credit unless the company is eligible to pay service tax for providing taxable services.
3. the provider will charge service tax and gross amount is to be paid by your client, without reflecting it in st3 return.
2. no input credit unless the company is eligible to pay service tax for providing taxable services.
3. the provider will charge service tax and gross amount is to be paid by your client, without reflecting it in st3 return.
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