Service tax credit

Queries 158 views 1 replies

Md Asif Iqbal

Accountant

37 Points Joined February 2009

Dear Friends

For Claiming Service Tax credit what are the requisite douments, suppose if i have only Receipt of the Payment where the vendor has provide breakup of Taxable Service and Service Tax on it willI I be allowed to take Service tax Credit.

If I pay the vendor in cash will i be allowed to take service tax credit.

Regards

Asif

Replies (1)

DHARANI

Professional

73 Points Joined November 2014

u can take the credit only under the cover of original invoice.Payment in cash doesn't deprive of avaling credit provided it is made in 3 months from date of invoice