OUR CLIENT PAYS THE SERVICE TAX @ 12.36% ON THE FREIGHT OUTWARD BILLS
WHEREIN THE FULL BILL AMOUNT IS PAID TO THE TRANSPORTER AND ALSO NO SERVICE TAX CHARGES SHOWN SEPARATELY WILL THIS SERVICE TAX BE AVILABLE FOR THE INPUT TAX CREDIT OR NOT >? IS IT OUR LIABILITY AND IF YES WILL THE SERVICE PROVIDER NOT AVAIL THE SAME BENIFIT ?
KINDLY REPLY AND TELL ME THE CORRECT TREATMENT
REGARDS
If the service tax is not shown separately, it will not be available for credit in my opinion.
COULD U CLEAR IT QUERY WITH THE HELP OF AN EXAMPLE
X Ltd. is Event management Service Provider. He wants to issue invoice in two way, 1st- Reimbursment of Exp. & his service charges seperately in One Invoice. Secondly Seperate Invoice for Exp. & Service Chages. i want to know what is the service tax liability on both type of invoice & can he do like this? ( Exp. like - Flower, Refreshment Exp. - Food etc. )
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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T R SOOD & CO
New Delhi
CA Inter
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