i have an query regarding SERVICE TAX INPUT CREDIT. for an example if my company is service receiver according to the rules of transportation by road. we makes the payment of our liability after taking the REBATE of 75%. and at the same time in the next month we takes the input credit of the same amount. its it correct??? can any one takes the two benefit at the same time???
Menu
Service tax input credit
Replies (1)
Yes the company can take the cenvat credit of the service tax paid by it for goods transport service availed by it ( even where the service tax has been paid on reverse charge basis)
Recent Topics :
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
- Why are foreign investors suddenly buying Indian s
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
Related Topics :
CAclubindia
