one of our client was travel to foreign & in the bill of travel agent, service tax is charged @ 1.20% on basic fare of flight.... our client co is a manufrer... whether credit of such service tax can be availed??? please reply ..
Menu
Credit of service tax
Replies (6)
u 1st see that the travel agent whether have the ST registration, if Yes u can take credit, if not the agent should not charge the service tax from u , meanwhile u can not get credit.
yes, you can take cenvat credit.
This is a case of service tax not the case of VAT...
So u cant avail credit.......
Dear Friend
Service Tax Credit is taken "on those bills only which services are directly or indirectly related to the manufacturing process , n if the travelling is related to manufacturing process" of the nature of industry is functioning , but if it is a personal travelling expenditure u cant take the credit .
Plesae note ,
Advertisement , Telecommunication Services , Engineering services , input services ( Freight ) , Output Services ( Freight ), product survey are the examples of Service Tax Credit
Thank You .
Saibal
THANKS SAIBAL
| Originally posted by : Saibal | ||
 |
Dear Friend Service Tax Credit is taken "on those bills only which services are directly or indirectly related to the manufacturing process , n if the travelling is related to manufacturing process" of the nature of industry is functioning , but if it is a personal travelling expenditure u cant take the credit . Plesae note , Advertisement , Telecommunication Services , Engineering services , input services ( Freight ) , Output Services ( Freight ), product survey are the examples of Service Tax Credit Thank You . Saibal |
 |
Recent Threads
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responsible for paying GST Liability (If th
- Excess Payment on RCM
- AOC4 auto population of previous year data
Related Threads
CAclubindia
