Service tax credit concept
This query is : Resolved
12 June 2008
Dear all
What is the concept of Service tax credit.( which are those services on which service tax credit can claim.)
What is the concept of Service tax credit.( which are those services on which service tax credit can claim.)
12 June 2008
Setrvice tax paid on input services can be utilised towards payment of service tax paid on output service.
All services falling under the definition of input service as defined under Rule 2(I) of Cenvat Credit Rules, 2004 are eligible for service tax credit.
Service tax credit is now known as Cenvat Credit.
All services falling under the definition of input service as defined under Rule 2(I) of Cenvat Credit Rules, 2004 are eligible for service tax credit.
Service tax credit is now known as Cenvat Credit.
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