Dear Friends,
In case where NBFC incurrs Asset Verification Charges on behalf of its client then should the benefit of Service Tax Credit be passed on to its client also.
Should Service Tax be seperately specified on the Invoice issued by the NBFC.
Regards
Jayshree
So while issuing Invoice by NBFC should service tax be seperately disclosed on the invoice.
Yes ST charged should be shown seprately
CAclubindia
