ITC of service tax paid.

14 August 2017

Can we take ITC of service tax paid in 1st quarter of this financial year? ( particularly on booking of a flat booking service tax is being paid )

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3 Replies

anonymous (student) (750 Points)
Replied 14 August 2017

ONLY OF YOU ARE REGISTERD IN SERVICE TAX ACT THEN YES YOU CAN CLAIM ITC ON MIGRATION.

upasana gupta (Finance Professional) (3931 Points)
Replied 14 August 2017

Yes you can claim itc of 1 quarter by filling TRANS1 and TRANS 2 form

here is the link of detailed information

/articles/debugging-trans-1-and-trans-2--30859.asp

Vikram Nimbalkar (10 Points)
Replied 14 August 2017

Thank you guys.

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