Menu
Service tax applicability to ata
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?
Replies (2)
I think u can avail cenvet credit.
go through this link :
https://www.dateyvs.com/service-tax/valuation-abatements-compositions-in-service-tax/abatements-ad-composision-under-service-tax/
| Air Travel Agent | Option to pay service tax at flat rate on ‘basic fare’ @ 0.6% in case of domestic booking and 1.2% in case of international booking – plus education cess (Composition Scheme) | No restriction on availment of Cenvat credit | Rule 6(7) of Service Tax Rules |
And See Below link
https://www.lawyersclubindia.com/judiciary/details.asp?mod_id=895#.UV1xzTfDvFw
Recent Topic
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
Related Topics
CAclubindia
