Input credit
This query is : Resolved
01 February 2012
Dear Sir,
I want to know if i can avail of cenvat credit against payment of service tax on car rental services. If so what are the parameters to be followed in this regard.
RAJESH NAIR
I want to know if i can avail of cenvat credit against payment of service tax on car rental services. If so what are the parameters to be followed in this regard.
RAJESH NAIR
01 February 2012
No- specifically excluded however if you can avail cenvat credit of excise duty paid on car you can take credit for eg (rent a cab operator or courier agency services etc)
02 February 2012
Sir,
Can u please explain a littel more as i have not understood your reply
Can u please explain a littel more as i have not understood your reply
04 February 2012
Please explain your output service.. since service tax paid on rent a cab is available only specific service provider only
05 February 2012
Sir,
My output service is RENT A CAB SERVICE
I wish to know as a rent a cab operator, do i have an option under service tax rules to pay service tax on rent a cab service without taking 60% abatement. If so , what does that option say?
Under such situation, am I eligible to set off my service tax paid under cenvat credit?
RAJESH NAIR
My output service is RENT A CAB SERVICE
I wish to know as a rent a cab operator, do i have an option under service tax rules to pay service tax on rent a cab service without taking 60% abatement. If so , what does that option say?
Under such situation, am I eligible to set off my service tax paid under cenvat credit?
RAJESH NAIR
06 February 2012
Can anybody explain to me the method of calculating the operating cost of running a car?
Also kindly tell me how to calculate the profitability of a vehicle by a rent a cab operator?
Also kindly tell me how to calculate the profitability of a vehicle by a rent a cab operator?
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
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- GST Regis.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- 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
