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Input Credit on Service Tax paid on Telephone Bills
| Originally posted by :Guest | ||
| " | Dear Sir We are registered with Service Tax Deptt as Installation & Commissioning Engineers, Please go thru following points: 1. We are raising Invoice to our clients with charging Service Tax @ 12.36%. 2. We receive payment from our customers between 1-12 months, sometimes we dont receive the full or partial payment. 3. With ref to above points when Service tax should be paid by us to Govt after recipt of the payment from clients or after raising the invoice. |
" |
ST is payable only after receipt of monies from customers in nromal course. In case of dealing with associated concerns the same couldbe payable on making the entry/ provision in the a accounts.
Dear Sir,
We have service provider as maintenance or repair services. We had to pay total 6000/- as service tax including cess if I have received input credit of 10000/-. Can I claim for refund of 4000/- and inwhich column of st-3 we have to fill this amount of 4000/-.
Refund of Cenvat credit is avalible only if you are an exporter. you can show the full amount as Input credit and carry forward it to the next period.
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