Service tax credit
This query is : Resolved
12 June 2007
A trading company which is also doing erection work can take service tax credit from all business related bills or any restriction in it?
13 June 2007
if the co is registered under service tax rules & is paying service tax then it can claim credit.
13 June 2007
Thanks for your information Mr.Jitender. But Though our company registered under service and paying service Tax Too my doubt is whether I can take credit of service tax on company telephone bills, courier charges, audit fees and consulting fees etc.,
19 June 2007
Please answer to my query dated:13.06.07
20 June 2007
If there is no excise duty applicable on the trading activity, then you need to follow Rule 6 of the Cenvat Credit Rules 2004. If excise duty is payable on the trading activity, then subject to Rule 7 of Cenvat Credit Rules, you can claim credit of all service tax paid by you.
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 Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- Applicability
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- RCM - commercial rent paid to URP under GST
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Offsetting interest income against derivative trading losses
- Application of 115BAC
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
