Service tax set off

Hi,

Can we take set off service tax agaisnt service tax (like in VAT ).

 

Replies (3)

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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