share broker trade for himself and for client.
can they get benefit of credit of service tax paid in respect of service utilised for self trade against service tax collected from client.
they do not collect service tax on self trade.
share broker trade for himself and for client.
can they get benefit of credit of service tax paid in respect of service utilised for self trade against service tax collected from client.
they do not collect service tax on self trade.
No they can't
Cenvat credit is entitled in respect of service tax paid on input services required for providing output service. Since your output service is a self service which is exempted, you cannot take credit.
Ramana
Shaswat initial support private limited
Ahmedabad
CS
View Details
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
CAclubindia
