SET OFF OF S TAX
This query is : Open
08 September 2010
WHAT ARE THE PROVISIONS IN THE ACT REGARDING SET OFF OF SERVICE TAX WHEN SAME SERVICE IS USED IN MANUFACTURE OF BOTH DUTIABLE AND NON DUTIABLE GOODS AND BYFURCATION OF SER. TAX IS NOT AVAILABLE. PLS SUGGEST. AND ONE RAW MATERIAL IS USED IN MANUFACTURE OF BOTH EXCISABLE AND NON EXCISABLE GOODS AND DIVISION OF RAW MATERIAL USED IN BOTH KIND OF PRODUCTS IS NOT POSSIBLE THEN HOW TO TAX CREDIT OF EXCISE PAID ON PURCHASE OF THAT RAW MATERIAL?
09 September 2010
according to my understanding,if manufacture exempted and non exempted goods, you need to maintain separate books, or the proportionate amount of credit related to exempted goods need to reverse
10 September 2010
But i dont know how much raw material and services were used in manufacture of excisable and non excisable godds.
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
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Defective Return - Tds on advance
- Fixed Deposit Claim Relinquishment by the Nominee
- TCS ON SOFTWARE SALES
- TDS RATE ON RENT PAID TO NRI
- Income Type for interest from government bonds
- Not a CA , can we prepare balance sheet
- Regarding TAX regime
- TDS - Form 26QB - Installment - Final payment Query
- Issue of gst e invoice
- Gstr 9 2023-24
- 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
- GST RCM not shown in GSTR-3B
- Bill from Dispatched from issue.
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
