Input service tax credit available to service provider in ca
Harshad Natu (Student- CA Final) (59 Points)
18 February 2014Harshad Natu (Student- CA Final) (59 Points)
18 February 2014
CA. Kuldeep Singhi
(Entrepreneur)
(424 Points)
Replied 18 February 2014
Outdoor caterer
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Tax on 60% amount excluding State Vat (Composition Scheme) (Till 1-7-2012, it was 50%)
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Cenvat credit of input services and capital goods is available. Cenvat credit on food items (covered under Chapters 1 to 22 of CETA) not available. Cenvat credit of other inputs is available.
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