Suppose a company providing services has been registered by its branches for service tax i.e. for each branch has its separate service tax no.. Now my Q is if company takes services of advertisement company which raises one bill in the name of Head Office where no services are provided only billing are done. Further how will company divide such bill to take service tax credit among its branches.
Plz reply and specify in detail what documents company will have to maintain?
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procedure for bifucation of service tax
Replies (5)
u can refer to topic on input service distributor in cenvat credit rules 2004.
miss jasmeet thanx for reply but plz quote ur reply with speciication no.
COMPANY SHALL HAVE TO MENTION THEIR BRANCH OFFICES IN REGISTRATION FORM WHILE REGISTERING FOR SERVICE TAX REGISTRATION.
H O WILL HAVE TO GET REGISTRATION UNDER INPUT SERVICE DISTRIBUOTR ANDTHEN IT CAN DISTRIBUTE CREDIT AS PER CENVATCREDIT RULES 2004
CENVAT Rules 2004 are clear on this and provides that where registration is done as distributor of service tax, then it can be done.
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