banner_ad

Is tax credit available

1028 views 1 replies
I hv two cases regarding availment of credit of service tax paid

1) Suppose A manufacturing company pays service tax on the services renders to it  one location which is exempts from excise, wheather a company can take credit of the same to be utilized against other branches.

2) Wheather credit of service tax be available if company pays service tax in relation to a location where only R & D Lab is in operation and no manufacturing will be done in near future also.
Replies (1)
tax paid at one location can be used to pay tax at other locations. Service tax credit at one location can be transfered to other location through the mechanism of Input service distributor.

It must also be made sure that service tax paid is for providing taxable service or for manufacturing on which excise is paid.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details