Menu
Service tax cenvat
We have one Input bill of Renting of Motor vehicle to carry passenger. In which service tax is levied @ 40% due to abatement. Now my query is can we take CENVAT credit of the same?
Replies (2)
No you cannot take input credit
Input credit avilable only when those service used for your output taxable service.
In absence of your output service details, we may not end up with any conclusion.
Recent Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
