28 March 2010
As I had already asked a query with regarding to the input service tax credit now one more doubt that we are transporting our own finished goods to our depots at different places in India on that transportation charges we are paying Service tax after taking into consideration of abatement, similarly we are paying ST on materials received from the party to our factory after taking into consideration of abatement, so my doubt is the output service and input service can be set off or not if yes how we have to show in our books.Pl......very Urgent.
30 March 2010
in Case of GTA, no adjustment is allowed. i m not getting from your query where you are providing output services. if you are considering material dispatched as output service, then it is not like that.
22 April 2010
We are not providing output services to any one, the transportation of our own finished goods sends to our own depots all over india and paying service tax after taking into consideration of abatement of 75%. our product is exempted from central excise duty, and the consignor and consignee is the same company, and paying service tax on both the transportations. so my doubt is the output service and input service can be set off or not if yes how we have to show in our books.Pl......very Urgent.
CAclubindia
