Input tax credt
This query is : Resolved
30 June 2014
How we can get input tax credit on service tax paid during our management and consulting services.
Is it required that all the bills of our business expenses should have bifurcation of service tax (12+2+1%) to get input tax credit..???
Is it required that all the bills of our business expenses should have bifurcation of service tax (12+2+1%) to get input tax credit..???
30 June 2014
Any input services used in the proving of output service you can take the cenvat credit. At the time of duty payment you can utilise the same.
30 June 2014
But if we have invoice without bifurcation of St+Cess+EC can we claim for the same and how should apply for the claim..???
30 June 2014
Yes, you can claim the all inputs after bifurcation.
30 June 2014
Sir please confirm...
i have telephone bill of Airtel where we paid st included in bill amount and the bill is showing only 12.36% amount without bifurcation of this 12.36% St...Can we claim for whole 12.36% paid by us as input tax credit....????
And if we claimed already like this is there any penalty in service tax act....???
i have telephone bill of Airtel where we paid st included in bill amount and the bill is showing only 12.36% amount without bifurcation of this 12.36% St...Can we claim for whole 12.36% paid by us as input tax credit....????
And if we claimed already like this is there any penalty in service tax act....???
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- 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
