Get 3 Yrs of CCI Pro Membership at Greater Value. Subscribe Now!

service tax on associated enterprises

960 views

Save Share

sheetal

65 Points Posted on 19 January 2009

Service tax is to paid on bokking of sales or receipt which ever is earlier in case of associated enterprises.

If A raised the sales bill on B . And A paid the service tax on booking basis . Can B claim the service tax credit without making the payment to A

please suggest

Replies (2)

OFFICESELVA

Service

498 Points Posted on 19 January 2009

No. Payment for the bill has to be made. Because the billed amount along with service tax should be paid. Then only credit can be availed.

sheetal

65 Points Posted on 05 March 2009

Originally posted by :sheetal

Any more comments one has to make ?

Service tax is to paid on bokking of sales or receipt which ever is earlier in case of associated enterprises.
If A raised the sales bill on B . And A paid the service tax on booking basis . Can B claim the service tax credit without making the payment to A
please suggest