Dear Buddies,
i have question to ask from u all People.
here is a case .
There is one party from which we pur as well as make sales to them.on both transaction Service tax is apllicable.
now can i adjust ouput & input service against them.
i mean we make make after ajdusting .
for example
sales come to rs 3 cr
purchase come to 3.10 cr
only balance to pay .10 cr
to can i can iput credit on above .10 cr to pay.
Yes, In the instant case, Input credit can be availed & utilised on output Services provided.
Mr Gouse
How ur sale and purchase transaction (Trading) attracts Service tax?
hi
Tele Bills service tax input credit how much Percentage
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