Records to be maintained.
This query is : Resolved
08 November 2009
dear sir,
ours is a mfg. unit having excise regn. For Freight on Inward Raw Material only, we have taken Service Tax Regn. And we are regularly paying & filing quarterly Service Tax Return. Now we want to avail cenvat credit of this service tax paid by us under "Input Service" & also want to avail cenvat credit of service tax paid on other input services like Tel. Bills, Courier Bills (all bills in co's name)etc.
Pl. let me know (1) Can we take cenvat credit of above services ? and if YES, (2) what records are to be maintained (Registers / forms etc)under Service Tax purview ?
thanks in advance
anckoor
ours is a mfg. unit having excise regn. For Freight on Inward Raw Material only, we have taken Service Tax Regn. And we are regularly paying & filing quarterly Service Tax Return. Now we want to avail cenvat credit of this service tax paid by us under "Input Service" & also want to avail cenvat credit of service tax paid on other input services like Tel. Bills, Courier Bills (all bills in co's name)etc.
Pl. let me know (1) Can we take cenvat credit of above services ? and if YES, (2) what records are to be maintained (Registers / forms etc)under Service Tax purview ?
thanks in advance
anckoor
08 November 2009
for input service service tax regidter to be maintain.you can download file has been submited by me in this forum.
For others credit written by you. you are eligival for that. Take all service tax credit except (Outwoard cartage) service tax paid to be booked as expense.
For others credit written by you. you are eligival for that. Take all service tax credit except (Outwoard cartage) service tax paid to be booked as expense.
08 November 2009
agree with expert
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Disallowance of Section 43B(h) to sez units
- GST Regis.
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- REGARDING ACCOUNTING CODE FOR SERVICE TAX PAYMENT
- Redevolpment of bldg in mumbai
- Refund of AY 22-23
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
