G Chandra Shekar (ACCOUNTANT) (34 Points)
21 October 2011we paid custome duty of Rs.1.5Cr, can we take the credit in payment of service tax
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 21 October 2011
Yes, if it is inputs or capital goods used for providing taxable services and no abatement is claimed.
G Chandra Shekar
(ACCOUNTANT)
(34 Points)
Replied 21 October 2011
| Originally posted by : CA Unnikrishnan Nair N | ||
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Yes, if it is inputs or capital goods used for providing taxable services and no abatement is claimed. |
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we imports cranes from germany and we paid Customs duty on crane, same crane will be used for taxable service under supply of machinery/tangible assets, whether we are eligible for input credit
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