Hi Bjiender,
Abatement is for provider of service.ie.,the person who constructed the building.
the contractor is availing the abatement and hence he is only not eligible for availing CENVAT credit.
Even in Transaporter's case transporter only cannot claim cenvat credit.
Guest
Posted on 24 September 2007
Dear Dinesh, in both case service provider can't avial cenvat credit of service tax. It is right. But we are talking here regarding availment of cenvat credit by serive user. In case of transporter if abateemnt rate is charged , then service user can't avail service tax. He can avail serivce tax only when full rate of tax is charged on transportation charges.
Sorry Bijender,
Even in Transporter's Business, the service user can avail the service tax, since he is paying the service tax.
The Notification says abt the non-availment of CENVAR Credit for service providers only.
No where act/Notification says that service tax cannot be availed by service users in case of transporter's business.
Guest
Posted on 24 March 2008
yo
Guest
Posted on 02 April 2008
Is it possible to take input credit if it is engage in renting of immovable property.
Guest
Posted on 02 April 2008
If the input credit can be taken from service provided on renting of immovable property then what were the services can be take
Guest
Posted on 02 April 2008
If the input credit can be taken from service provided on renting of immovable property then what were the services can be take
Pls send me list of goods and services on which we'll take credit of service tax .
we are sevice providing Company and also trading co. pls reply me fast
thank u
Shweta mehta
Guest
Posted on 21 April 2008
Can Excise duty paid on purchase (in case of trader not registered with exsise) be setoff against service tax liability
Guest
Posted on 21 May 2008
Dear Sir,
Ex i have Trnasporter, but not service Tax Registration , and I have Not Credit in service Tax, and I have Declarion on Service tax to Party , i have Not 1000000/- transtion in Year, so service tax in Liabilty to Party ? please suggest
Is it service tax is applicable for construction of residential flats. if applicable please send us the percentages of tax and when it will be applicable.
whether a service provider can take credit of service tax & Excise duty paid on input if he (output service provider) is taking abatement of 40% of service tax under clause "Mandapkeeper"??
Plz Answer
Guest
Posted on 26 June 2008
Whether a company can avail credit of service tax on Construction bill of Civil Works, Factory Building etc. . The contractor charges service tax 12.36% on 33% value of total bill amount. ( after availing 67% abatement). Whether we claim credit of service tax.
Guest
Posted on 26 June 2008
Whether a company can avail credit of service tax on Construction bill of Civil Works, Factory Building etc. . The contractor charges service tax 12.36% on 33% value of total bill amount. ( after availing 67% abatement). Whether we claim credit of service tax.