Service tax matters
This query is : Resolved
sandeep bajpai
(Querist)
06 July 2013
A company paying service tax @4.8% composition scheme (i.e.Rs.1,84,757/-)and having CENVAT CREDIT Amounting Rs.6,52,037/-
Q1.whether company can avail this credit ?
Q2.And same company is paying to legal consultant/security services and will have to pay service tax as reverse charge .whether new service tax registration required and whether two return will be filled ?
A company paying service tax @4.8% composition scheme (i.e.Rs.1,84,757/-)and having CENVAT CREDIT Amounting Rs.6,52,037/-
Q1.whether company can avail this credit ?
Q2.And same company is paying to legal consultant/security services and will have to pay service tax as reverse charge .whether new service tax registration required and whether two return will be filled ?
Madhukar N Hiregange
(Expert)
07 July 2013
The eligible capital goods used to provide the service or input services used for provding the service is available. However inputs not allowed such as cement/ steel.
Same return for reverse charge separate part available and can be used.
Same return for reverse charge separate part available and can be used.
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