Kindly help me.
This query is : Resolved
18 February 2009
I am not sure about where to take CENVAT credit & claim expenses. Kindly help me.
The company had units all over India from which it provides some services.
Service provider say D had raised the invoice in the name of XYZ Ltd.-Chennai-(expenses to XYZ Ltd.)
XYZ-Bangalore had raised the sales invoice relaring to the above in the name of its customer say M, located at Bangalore for the above transaction.
Whether Bangalore XYZ can take CENVAT credit on the above transaction.
*Service tax registration no is not same to both the units.
Where to claim above expenses?? Whether in Chennai or Bangalore??
The company had units all over India from which it provides some services.
Service provider say D had raised the invoice in the name of XYZ Ltd.-Chennai-(expenses to XYZ Ltd.)
XYZ-Bangalore had raised the sales invoice relaring to the above in the name of its customer say M, located at Bangalore for the above transaction.
Whether Bangalore XYZ can take CENVAT credit on the above transaction.
*Service tax registration no is not same to both the units.
Where to claim above expenses?? Whether in Chennai or Bangalore??
19 February 2009
The credit eligibility stands as under
1. The credit can be availed by the recipient in whose name the invoice has been raised by the service provider.
2. But if the service has been consumed at Chennai and bill is raised on Bangalore, then Bangalore will need to get registered as ISD and take the credit and distribute the same and follow all the provisions of ISD ( Input service Distributor)
1. The credit can be availed by the recipient in whose name the invoice has been raised by the service provider.
2. But if the service has been consumed at Chennai and bill is raised on Bangalore, then Bangalore will need to get registered as ISD and take the credit and distribute the same and follow all the provisions of ISD ( Input service Distributor)
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
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- TDR receipts for agreement holder
- Inventory of finished goods
- Sale of property furniture sale
- Disallowance of Section 43B(h) to sez units
- GST APPLICABILITY ON POLLUTION CHECK SERVICE
- Applicability of Ind As to associate of associate
- Refund AY 2012-13 and 2013-14
- DIRECT TAX CODE 2025
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- 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
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
Trending Online Classes
CAclubindia
