Service Tax Setoff

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BHAVIK (Querist)
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27 May 2008 We had paid the excise duty amount of Rs.6000/-.Whether we can claim Input Setoff of excise against Service Tax Return(i.e in ST-3)

CA Hemant T Dewani (Expert)
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27 May 2008 for what purpose you are purchasing goods if it is capital expenditure then you will take 50% first year balance in next year

BHAVIK (Querist)
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28 May 2008 Dear Sir
It is not in capital nature it's use for the business in that case shall we claim 100% input set off.

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