St credit on manpower billed by contractor
This query is : Resolved
28 October 2011
Hi Experts, I would like received your opinion on below.
One of our manpower supply contractor has raised the bill to us by mentioning only manpower charges but there was no pre-printed ST registration no. & they are just putting rubber stamp of ST code.
And they are not mentioning any rules/clause in bills.
So, are we eligible to avail ST credit on same.
One of our manpower supply contractor has raised the bill to us by mentioning only manpower charges but there was no pre-printed ST registration no. & they are just putting rubber stamp of ST code.
And they are not mentioning any rules/clause in bills.
So, are we eligible to avail ST credit on same.
28 October 2011
yes you can take cenvat credit of service tax on the same. and verify your contractor service tax no. on assesee verification.
https://cbec.nsdl.com/EST/AssesseeVerification.do
https://cbec.nsdl.com/EST/AssesseeVerification.do
28 October 2011
so what will be procedure we need to follow at the time avail credit.
28 October 2011
Yes, you can avail credit on the invoices raised by the contractor but however it is better to ask your contractor to issue the invoice in accordance with the provisions precribed under Rule 4A of the Service Tax Rules.
For availing the credit you have to ensure that your company details and address are duly filled in the invoice and are properly authorised.
For availing the credit you have to ensure that your company details and address are duly filled in the invoice and are properly authorised.
28 October 2011
Also we have observed that the contractor raised the bills by higher amount & accordingly we have deducted. So for this what type of accountability to be done.
28 October 2011
It is better to ask the service provider to issue a fresh invoice with the reduced figure.
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