input credit

Dear Pawan,

Regarding ur first query, it is not necessary that input service & output service should be same..Credit of "Renting of Immovable properties" can be adjusted against "cargo handling services"

Ur second query, i m not too sure but i feel that date of receipt of cheque will be treated as receipt of payment provided the cheque is honoured.

however if cheque gets dishonuored then it cannot be said to be a receipt .......

Mr. Pawan

Any service tax paid on input service is eligible for set-off against payment of service tax on output service where such input services are directly or indirectly used for the purpose of rendering output services.

for your second query i'm in confusion but i think Receipt of cheque (date).