Shridhar Shetty (abc) (47 Points)
04 December 2009Hi All
can we take the service tax credit without considering the relation between service input and service output. that is we have registered under service tax and we have not raised any service tax invoice during this year. we have paid service tax on AMC on office equipment. can i take this service tax as credit and later on can i go for refund of this amount.
GAURAV BEHL
(CA-FINAL )
(228 Points)
Replied 04 December 2009
YOU CAN ONLY TAKE INPUT CREDIT.. IT WILL NOT BE REFUNDED....
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 04 December 2009
YOU CAN CLAIM SERVICE TAX CREDIT REFUND PROVIDED YOU DO SERVICES TO SEZ
CMA Ramesh Krishnan
(Cost & Management Accountant)
(71489 Points)
Replied 04 December 2009
This you can take credit and show as a credit availed not utlised but amount will not get refund only you can adjust against output
Ansari
(ca final)
(444 Points)
Replied 06 December 2009
| Originally posted by :Ramesh krishnan | ||
| " | This you can take credit and show as a credit availed not utlised but amount will not get refund only you can adjust against output | " |
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 09 December 2009
It would be important to examine if you have any other activity and any restriction on the same as per Rule 6(3).
CAclubindia
