Abatment and CANVAT both claimed in same service ?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 November 2009
Please solve my query that I am registered in erection and commissioning service. May I claim abatment 67% in bill inclusive marerial contract. And also take CANVAT in service full tax bill charged?
In some bills I have charged full tax which I claim CANVAT and some bill which are inclusive material party given me service tax after abatment adjustment.
In some bills I have charged full tax which I claim CANVAT and some bill which are inclusive material party given me service tax after abatment adjustment.
17 November 2009
as service tax charged in your bill you can claim it.
21 November 2009
it is not possible to take credit of C.Cr. with E/N-1/2006,we cannot tak credit of C.Cr. if we tak option of Abatement of 67%.
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Payment of bonus act - notice pay recovery
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
