Dear friends,
what are the conditions to comply in order to avail Service tax credit?
What is a Cenvatable invoice?
1 Replies
Alok Bansod
(Accounts executiv)
(135 Points)
Replied 12 April 2010
1)Service provider - for availing service tax credit, the input service should have been used for providing output service.
2) manufacturer - for availing service tax credit, the input service should have been used for manufactruing acivity or for administrative work like courier, accounting, telephone etc.
Cenvatable invoice (for service tax) issued as per rules of cenvat rules, containing - name, address, service tax no., discripttion of service, , tax amount etc.
U can refer any basic books ( for students) for more details.
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