Service tax on repair an maintenance

If your client is allowed to claim input service credit then a separate account has to be maintained for the same. Hence the entry. If no input service is to be claimed, then the entire amount can be debited to R&M a/c

Ya agreed with Poornima...ST receivablle is Cenvat credit receivable.So, check whether the account has been grouped under current assets(short term loans&advances)

Is this reverse charge mechanism?

If your client is eligible to take input credit of Service tax paid, maintain a separate ledger for the same & if client ia not eligible then expense out entire service tax paid. For checking eligibility of your client in regards to CENVAT credit receivable, check excise registration for the same. For checking eligibility of client, check excise registration certificate for the same For checking eligibility of clien

Reverse charge mechanism is not covered the repairs and maintenance service..

If ur client is registered under service tax then even u can claim cenvat credit of service tax and repair n maintenance paid to vendor. Pls mention d nature of urs client business, n repair n maintenance. Nature of transaction n business can define that can we take cenvat credit or not

If ur client is registered under service tax then even u can claim cenvat credit of service tax and repair n maintenance paid to vendor. Pls mention d nature of urs client business, n repair n maintenance. Nature of transaction n business can define that can we take cenvat credit or not

If ur client is registered under service tax then even u can claim cenvat credit of service tax and repair n maintenance paid to vendor. Pls mention d nature of urs client business, n repair n maintenance. Nature of transaction n business can define that can we take cenvat credit or not

If ur client is registered under service tax then even u can claim cenvat credit of service tax and repair n maintenance paid to vendor. Pls mention d nature of urs client business, n repair n maintenance. Nature of transaction n business can define that can we take cenvat credit or not

agree with poornima.

If your client is eligible to take service tax input than he should maintain a seperate account of input credit receivable.

If he is not eligible for the cc than the entire amount should be booked as repairs & maintenance account.