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S t setoff

This query is : Resolved 

23 February 2013 Dear All Professionals

Please guide me,
I am Working in a Pvt Ltd co, our Directors say that In Services Tax Calculation you must take setoff all MTNL Bills, Cos Reg Bills, and other Expense Voucher which show S T?

So here Can i take setoff or not?

23 February 2013 Hi

Yes you can take set off of ST paid condition is that all such services should have been utilised for providing output services & bills should be in the name of your company.

Thanks!!

23 February 2013 if bills are in the name of Director? then


23 February 2013 Hi

Then you can not claim CENVAT .

Thanks!!



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