Service tax credit on output services
This query is : Resolved
24 June 2009
Sir,
We are manufacture of Ozalic Acid which is attaracted 10% of excise duty some time we are exporting Ozalic acid as per export procesure. For export We are regulary paying some charges as clearing and forwrding charges, Fumigaton charges other export related charges. On abvoe charges survices provider is leving the services tax hence my question can we claim above service tax credit & same will utilise for payment of excise duty as well as service tax.
We are manufacture of Ozalic Acid which is attaracted 10% of excise duty some time we are exporting Ozalic acid as per export procesure. For export We are regulary paying some charges as clearing and forwrding charges, Fumigaton charges other export related charges. On abvoe charges survices provider is leving the services tax hence my question can we claim above service tax credit & same will utilise for payment of excise duty as well as service tax.
25 June 2009
You could avil the credit or if not utilisable then the same could be refunded under Not 41/2007 [ cbec.gov.in]
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
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Applicability
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Gst Sales of FY 2023-24
- RCM - commercial rent paid to URP under GST
- Offsetting interest income against derivative trading losses
- GST Annual Returns filing due date
- Payable outstanding for years disallowance
- TDS applicability on Service through ECO
- 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
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
