Input & output
This query is : Resolved
22 February 2012
Dear Experts,
i know service tax input can be set off against output & pay the balance to the Govt.
But here my question is can all the input tax can be set off? if not which are those expenses which cant be set off against Output tax?
Please give a detailed answer.
Thanks
i know service tax input can be set off against output & pay the balance to the Govt.
But here my question is can all the input tax can be set off? if not which are those expenses which cant be set off against Output tax?
Please give a detailed answer.
Thanks
Guest
Guest
(Expert)
22 February 2012
Those input tax which can be directly related or linked with output tax can be set off.
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