i m registered under GTA and i m paying 25% service tax after 75% abatements. Can i take input credit of service tax charged on telephone, electricity, postage, professional fees bill etc. please explain.
4 Replies
Sarravanan
(Sr.Manager Finance )
(28 Points)
Replied 09 May 2009
| Originally posted by :Sanjeev | ||
| " | i m registered under GTA and i m paying 25% service tax after 75% abatements. Can i take input credit of service tax charged on telephone, electricity, postage, professional fees bill etc. please explain. | " |
Dear Mr.Sanjay
You can' t get the service tax credit while using abatment . Like Tour oprator are using the abatment of 75% , they dont have the rights to get the service tax credit on the input service
ADITYA
(Manager Finance)
(742 Points)
Replied 09 May 2009
Dear Sanjay,
The GTA is to be paid after abatment is 25% of the Value of the service & NO INPUT CREDIT can be used as it is not allowed in the Notification it-self.
SUMMIT
(Student)
(227 Points)
Replied 10 May 2009
| Originally posted by :Sanjeev | ||
| " | i m registered under GTA and i m paying 25% service tax after 75% abatements. Can i take input credit of service tax charged on telephone, electricity, postage, professional fees bill etc. please explain. | " |
NO YAR U R NOT ABLE TO TAKE ANY TYPE
OF INPUT CREDIT
BECAUSE ALREDY U R TAKING BENIFIT OF ABTEMENT
OK
SUMMIT
(Student)
(227 Points)
Replied 10 May 2009
NO YAR U R NOT ABLE TO TAKE ANY TYPE
OF INPUT CREDIT
BECAUSE ALREDY U R TAKING BENIFIT OF ABTEMENT
OK
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