Hi,
if a concern has carrying centralised billing system while it procures the services at various branches ,what will be the procedure of taking credit of tax paid for services used at branches
CA vineet agarwal (CA) (35 Points)
10 January 2011Hi,
if a concern has carrying centralised billing system while it procures the services at various branches ,what will be the procedure of taking credit of tax paid for services used at branches
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 11 January 2011
use centralized service tax registration, as all the units are in single PAN, centeralized registration will provide facility for consolidated credit and debit for all units