Prashantha Kumar (Chartered Accountant) (38 Points)
20 November 2008Can any body answer my queries.
1) Is it possible to set off education cess on central excise with education on service tax. is it necessay that the assessee should be registered under both the acts.
2) Is is possible to take cenvat credit on labour bill without mentioning any bifurcations.
3) is it necessary to hold serice tax bills to claim Cenvat Credit on serice tax or is it enough just make payment to service.
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14487 Points)
Replied 20 November 2008
you can adjust with excise , both registration required , Cenvat abaile on invoice basis.
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
