shashi (Dy. Manager finance) (45 Points)
04 June 2012We are paying service tax on transportation of goods by road.
Can service tax payable on rent payment be adjusted against service tax payable on transportation i.e cenvat credit on rent be adjusted against service tax on transportation.
please clarify
e-hameiri
(e-hameiri)
(21 Points)
Replied 05 June 2012
In India..its may not be..but you can contact to our expert for all rules to convert it in another way...
CA Nikhil Bhansali
(Service)
(128 Points)
Replied 05 June 2012
Dear Shashi,
If Transport charges paid for providing any output service or used in relation to manafature any excisable goods then you can claim ST credit
CAclubindia
