banner_ad

Set off of output tax in offshore services with input tax

Queries 1303 views 1 replies

 

We are power construction company having head office at china and a branch in India. We have input credits on the services rendered to us by our subcontractors and we also provide services from outside India ie., from china. Is it possible to set off the output tax generated from services from china to India with the input tax generated within India.
If some one can solve my query, also please send me the notification alongwith the answer.
mail me at sunilpattnaik @ in.com
Regards
Replies (1)

Dear Sir,

The reciver of service who is made liable for the payment of service tax is not eligible for the credit set off. However if he/she also provides taxable services /pays excise duty then he is eligible to take the credit of the same which canbe utlised and if exports exist ( as in your case possible) then the refund of the same can be claimed.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details