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Doubt

Queries 633 views 1 replies

Hi All Please help to sort out one issue in service tax.

Im working in BPO as a Internal Audit executive. recently i got to know that my company not Submitting Service tax which is paid to vendor for rent.

my company saying that service tax on rent need to pay but need not to file return for getting any credit.

PLease give valid response..

Replies (1)

Ya, Mr. Ramashankar, Ur Company paying Service Tax, That True, But It Need Not To Submitt Return, Return Is Submitted by Service Provider, ( Except Certain Conditions) not by Service Receiver.

Ur company is Rite.

Take Example. If UR Using Telephone Service Postpaid, Then U Will Receive Bill,

In That U Can See That Service Tax is Charged, R U Filling Return of Service Tax, That's Why Company is Not Filling Return.

& For Credit, If UR company is Manufacturer Entity ( CENVAT is applicable) or Service Provider Too, Then ur Company Can Avail Credit of service tax, But If it paying like a consume tax payer, not for crediting.

Credit Only Availed by Those Who are collecting CENVAT or service tax from other.

Ru Getting point, If Any Confusion, Let me Know???


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