Service tax credit
This query is : Resolved
16 March 2014
friends can u pls tell me whether a manufacturing company can take credit for service tax paid on installation charges charged by seller of ups when paid on purchase of UPS(capital) or it will include in the cost of product. the ups was using in office.
16 March 2014
Service Tax Input Credit can be availed.
16 March 2014
I understand that CENVAT Credit on UPS cannot be availed. A manufacturer is eligible to claim CENVAT credit on input,capital goods and input services which are used for the manufacture of an excisable goods or the provision of taxable services but in case as it appears that UPS is being used in office thus it would not be availed.
16 March 2014
Mr CK Bajpai is correct.More over a manufacturer may not be having ST liability of similar kind,in which case only it will be permitted...mjk
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- 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
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- 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
Trending Online Classes
CAclubindia
