Service tax credit allowed in foreign service received
MAHESH (Excise Assistant) (6 Points)
20 December 2016
Deepak
(STUDENT)
(110 Points)
Replied 20 December 2016
For credit of service tax, follwoing condition must be fullfill:-
1.Service Provider in india
2. Service receiver in india
if above condition is satisfied then ur liable to claim service tax credit.if above condition not satisfied than service receiver is liable to pay service tax and take credit.
Vineet
(Chartered accountant)
(26 Points)
Replied 21 December 2016
Yes credit allowed since u have paid st under reverse charge
Vishant Gupta
(Student CA Final )
(29 Points)
Replied 22 December 2016
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"