please clarifed the proble

Service Tax (Legacy) 434 views 2 replies

Dear friends

clarifed the following problem

October to till date  the service tax on the purchase                                  15,25,000

October to till date the service tax on the sales                                          18,75,000

But How Much payable the service tax

Replies (2)

Service Tax payable would be : 1875000- 1525000 = 350000

 

But you have to determine whether the service tax paid on purchase qualifies as tax paid on input or input services. Also it has to be determined whether purchases includes any capital goods. 

 

Regards

Exactly....... Its straight and clean..... Deduct your credit from your liability while u consider whether the dealer is registered and providing St amount and his reg no in his invoice........


CCI Pro

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