Dear Experts,
What is the procedure of service tax on royalty and R&D Cess to show in service tax return. As per service tax rule we have to pay 5% R&D cess and balace 7% in service tax on royalty. Secondly can we take cenvat credit of 7% service tax on royalty. Pl. advice.
Thanks
Hi Ram,
Can you give the detailed facts of the problem.
cavinodkumar67 @ gmail.com
Thanks
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