query

SUDHIR & PRADEEP JI (CA FINAL+LLB + DISA) (2299 Points)

30 July 2010  

  QUERY 1)     CAN U TELL ME  THAT INPUT CREDIT OF  EXCISE DUTY AND VAT WILL ADJUST FROM THE SERVICE TAX PAYABLE AMOUNT  OR NOT.


 QUERY 2)  IF ANY CLIENT  NOT PAID THE VAT AMOUNT AND ONLY PAY THE TAXABLE VALUE  OF BILL. SO IN THIS CASE  CREDITOR IS LIABLE OR PAYING THIS VAT AMOUNT OR NOT.