Menu
Service tax
we had debited by Swiping Mechine company for the Purpose of Transaction they charge some amount plus service tax in our payment. is there any possible to reclaim the service tax amount for our service tax return
Replies (1)
As per CENVAT credit rules, the input can be claimed on such services related to your business directly for selling of Goods and/or services. The Swiping machine used ath the time of POS, for easy collection of money and it is not directly related to your business.
So, you can't claim input on such service charges, insted it can be charges to P&L.
Recent Threads
- Poll: Do you spend >30 min/day fixing Tally JSO
- Interest on Accident Claim by Minor
- Capital Gain and Basic Exemption Limit
- Loan to wife and interest income husband income or
- AOC-4 is not being filed
- Returning the shares gifted by daughter?
- Gst tax rate
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
Related Threads
CAclubindia
