Service tax input

603 views 5 replies

Dear all,

I have a problem related to service tax input. i work in a event company .Recntly we have done a event project and total cost  of dis project around 30 lacs.so we raised to separate invoice one without service tax and 1 with service tax-

1st invoice-30 Lac (without service tax)

2nd invoice -management fee on 30 Lac(10%)=300000+service tax(30900)= 330900/-

so now problem is that can we avial input from our supplier. 

 

Thanks to all please help me

Replies (5)

Mr. Sachin,

Utilisation of Credit on inputs & input services used for providing output services is allowed. Where you are issuing a separate invoice for materials used in the event, that is as a reimbursement, it would mean that you acted as an agent for your client for precurement of such materials. The same would not be considered as inputs and hence no credit would be available on them.

But where the material gets consumed in the process of provisioning of service and the same is not charged separately from the client, it will come under the category of inputs and CENVAT Credit on the same would be available.

Thanks for reply

But sir we have paid amount to supplier with service tax.Then what should we do now.

You have raised two invoices one without tax, means what? Is it for the materials supplied?

Please reply.

 

rengaraj r.k

 

our work is related to event management.so mostly supplier is under contractor 

WHAT TYPE OF CENVAT CREDIT IS AVAILABLE TO CHARTERED ACCOUNTANT SERVICES. CAN EXCISE DUTY PAID ON PURCHASE OF AC, COMPUTER ETC. ALSO BE CLAIMED.

 

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