sir ,
can take input credit on negative list items of service tax and what procedure to be followed in st-3 return
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Input credit on negative list of service tax
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Negative list suggest that there is no tax incidence on it hence no question of service tax charging on services provided in negative list so question of taking credit does not exist.
| Originally posted by : CA Ashish Lodha | ||
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Negative list suggest that there is no tax incidence on it hence no question of service tax charging on services provided in negative list so question of taking credit does not exist. |
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Totally agreed with Sir...
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