ACCOUNTANT
2644 Points
Joined December 2008
HOW TO COMPUTE SERVICE TAX LIABILITY OF AIR TRAVEL AGENT?
WHEN HE IS TAKING THE ABATEMENT AND CHARGED SERVICE TAX ON BASIC FARE (DOMESTIC @ .618% AND INTERNATIONAL @ 1.236%).
WHETHER HE CAN TAKE THE CREDIT OF SERVICE TAX PAID BY HIM IE CENVAT CREDIT?