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Service Tax

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articled student
61 Points Posted on 29 February 2008

 

Hi, I want to know under what conditions Service Tax Credit 20% available for utilisation.

Its urgent ......Pls

Thanks in advance.

 

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On 29 February 2008 at 12:00 Report
Replies (3)
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w
545 Points Posted on 29 February 2008
I think it is when u use services as input services for giving output MFG GDS /sevices and such GDS /Services are either exempt from duty or taxable and u hae not maintained record for such in such case u can avail 20 % of input cedit wait 4 other replies too
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On 29 February 2008 at 14:58
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Guest
460255 Points Posted on 29 February 2008
20 % of Service tax input can be set off against output when the assessee is providing both taxable and exempt services and he is not maintaining separate books of accounts for the service tax paid for services received which he has utilised for providing both exempt & taxable services.
368 Reply
On 29 February 2008 at 15:53
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Guest
460255 Points Posted on 03 March 2008
plz. sent me the financeial document as soon as it
368 Reply
On 03 March 2008 at 09:26


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