Dear professional friends,
i have a doubt whether input credit is availbale on service tax which is paid on input services and used for output service but which are not taxable, can i take input credit and apply for refund
Menu
input on service tax
Replies (4)
service tax on Input services used for rendering exempted output services are not entitled for cenvat credit or refund
Rule 6 of the CCR clearly sets out that the input services used for non taxable/ exempt services are not eligible for credit. The questionof subsequent refund also do esnot exist.
Rule 6(1) CCR provides that credit of input services, which is used for providing exempted services, is not available
URGENT!
please tell me if input tax credit can be availed on service tax paid for LC Discounted? if yes, what is the % of credit that can be availed?
Recent Threads
- Delivery Challan serial number Issue and return ru
- After filing form 71 For TDS mismatch
- UNCLAIMED TDS REFUND QUERY
- Rcm payable which head
- Query of GST
- Long Term Capitalgains on sale of residential prop
- How Salaried Individuals Can Reduce Capital Gains
- NSTPI registration
- GST PAID IN DELHI
- How to Trade Forex in India?
Related Threads
CAclubindia
