Can a Body Corporate using travel services (service tax paid on air ticket and billed on Company's name) to provide a service to a client, avail input tax credit of the service tax paid to the travel agent?
Menu
Input tax credit on payment to avail travel services
Replies (4)
Yes. A company can avail CENVAT Credit of the service tax paid by it in the course of rendering its services.
| Originally posted by : CA Smit Shah | ||
 |
Yes. A company can avail CENVAT Credit of the service tax paid by it in the course of rendering its services. |
If the ticket is in the name of any employee, how will be the treatment? |
The general rule allows the service provider to avail input tax credit of service tax paid on input service,if the rate of service tax paid on the output service is greater than the rate of the input service tax paid. Hence, if we are using travel services to provide the client any service, we can avail input tax credit for the service tax paid against the service tax on the output service.
Is it Correct??
Can the service tax component arising on purchase of tickets-rail and air-be claimed for input. Tickets are bought for travelling to and from the clients' place and raised in the company's name?
Can the service tax component in the amt paid towards web hosting be adjusted against the ST payable.
Thanks in advance
Recent Topic
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
Related Topics
CAclubindia
