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Service tax input credit

Queries 203 views 1 replies

JEELAN BASHA

ACCOUNTS OFFICER

74 Points Joined August 2010

we are fabrication & Erection contractors we are utilizing the crane of the company provided by the third party and the party is producing the bill to the company for crane hire charges, and the company is charging the debit of crane utilization along with service tax to us, can we take credit of service tax charged by the co. Pls do the needful.

Please send your replies to jeelanbashas @ rediffmail.com

Thanks

Jeelan Basha.

Replies (1)

U S Sharma

glidor@gmail.com

21068 Points Joined January 2010

to get entitled for credit, you have to get the invoice in your name and then you can bill the same to the party . but no diff indeed

as the services of crane is used by the the client himself, it would come to your hand and you will charge the same to him again, however to get credit u need to have bills drawan in your name direct from the service provider.