Dear friends,
what are the conditions to comply in order to avail Service tax credit?
What is a Cenvatable invoice?
Pawan Verma (Assistant manager finance) (186 Points)
09 April 2010Dear friends,
what are the conditions to comply in order to avail Service tax credit?
What is a Cenvatable invoice?
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.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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