INPUT SERVICE TAX

This query is : Resolved 

11 July 2011 WHAT IS INPUT SERVICE TAX . INPUT SERVICE TAX IS ADJUSTED IN FINANICAL YEAR / OR REFUND.
HOW MANY YEARS SERVICE TAX IS ADJUSTED IN SERVICE TAX INPUT

11 July 2011 Service tax on input services referred to in Rule 2(l) of Cenvat Credit Credit Rules'2004 is input service tax.Input service tax can be adjusted by service provider on output tax payable. Manufacturer can adjust input service tsx paid against excise duty liability on final products.

No fixed time limit.



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