Procedure to shown R&D cess and s.tax on royalty

Ram kr. (Buisness) (883 Points)

14 December 2012  

 

Dear Experts,

What is the procedure of service tax on royalty and R&D Cess to show in service tax return. As per service tax rule we have to pay 5% R&D cess and balace 7% in service tax on royalty. Secondly can we take cenvat credit of 7% service tax on royalty. Pl. advice.

Thanks