Hi,
Can we take set off service tax agaisnt service tax (like in VAT ).
Hi Sunil,
yes , set off is allowed.
Regards,
Prachi
YES, if u r a output service provider and receving services for providing output services.
Abso;utely you can claim setoff provided there has to be a nexus between Input Service( in respect of which of you are claiming credit) & Output Service
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