claim of serivce tax setoff.
This query is : Resolved
08 January 2009
our company is into import, export of commodities. We pay service tax on AMC of elevators, firefighting equipments network mgt,also ST is paid on doctor's fees,agency charges,CHA bills, leave and license fee, etc. We provide custodian services on which we charge ST, also on behalf of our transporters we pay ST. Please guide whether we can claim setoff of the above ST payment against the payment to be made by us.
08 January 2009
yes company can claim credit for service tax paid on input services used in the process of rendering taxable output services.
08 January 2009
we have 3 offices, head+2 brancehes and these taxable services are provided from branches. However, the services tax attracting services are mostly consumed in the head. Can it still be adjusted?
12 May 2009
Yes, you can claim, but you would have opted centralised registration under ST law then only you are eligible.
Hope the above clarify
Hope the above clarify
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
- SEC 54 OF IT ACT
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- Form 26QB for TDS on property
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Whether still royalty
- Payable outstanding for years disallowance
- BLOCKED-INELIGIBLE GST CREDIT
- Amendment of September 2021 Invoice
- Residential status for filling income tax returns in India
- Deemed to be University shall pay gst on Bus fee collection from students
- Section 194LBB
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
