17 February 2011
I HAVE PURCHASE A RAWMATERIAL FROM HALDIA.THE INVOICE CONTAIN THE FOLLOWING PARTICULAR. ASSESSABLE VALUE 651500 EXCISE 65150 E. CESS 1303 S & HE CESS 651.50 VAT @4% 28954.98 FREIGHT 5270 SERVICE TAX ON FREIGHT 131.75 E.CESS 2.64 S & HE 1.32 INVOICE TOTAL 752965.19
MY QUESTION WHETHER WE CAN TAKE SERVICE INPUT. OR WE WILL ADD SERVICE TO ASSESSABLE VALUE. HALDIA IS TAKING VAT ON FREIGHT WHETHER HALDIA IS DOING RIGHT. PLEASE SAY THE SECTION SO THAT I CAN MAKE FURTHER REFERRENCE.
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