One of my client engaged in real estate business, my client receives tranport services & under reverse charge mechanism he pays service tax on transport @ 3.09% (i.e.after availing 75% abatement)
does my client eligible for claiming input tax credit on service tax on transport paid?
service tax credit on reverse charge mechanism can be availed on making payment of such service tax by service recipient.
Boutique Investment Bank & Transaction Advisory Firm
Gurgaon
CA
View Details
Shyam Joshi & Associates
Pune
B.Com
View Details
O P Bagla & Co LLP
New Delhi
CA Inter
View Details
CAclubindia
