Can we take service tax input of service tax paid on hotel bills
Can we take service tax input on hotel bills
CA Umamaheswara Rao (Chartered Accountant) (72 Points)
06 December 2011
3 Replies
C.A. Jignesh N. Mehta
(C.A.)
(1030 Points)
Replied 06 December 2011
Yes you can take credit but only if the same is used for providing output service to your clients or incidental to manufacturing activity.
But all this requires supporting i.e. proper details.
Savan Somani
(Corporate Manager)
(478 Points)
Replied 07 December 2011
Hotels is not selling any goods on which Vat setoff can be claimed and if any Customer has claimed the Vat Setoff as per your list that is not correct as per Law, as Hotel invoices Vat cannot be taken as setoff against other Sales as per Rule 53(6) of the Maharashtra Value Added Tax Act 2002 dealer who is not a hotel or restaurant, the dealer shall be entitled to claim set-off only on those purchases effected in that year where the corresponding goods are sold or resold within six months of the date of purchase or are consigned within the said period.
Sunil
(Internal Auditor)
(334 Points)
Replied 15 December 2011
Bill on hotel accomodation is a general in nature like that of telephone bills. So input tax credit can be availed on this
Recent Topics
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
Related Threads
CAclubindia
