Service tax set off

Queries 946 views 2 replies

Hi,

Can we take set off service tax agaisnt service tax (like in VAT ).

 

Replies (2)

Yes, you can claim Service tax credit.

Hi Sunil

Yes you can take the service tax credit. But on payment basis, as we have to pay service tax when we received our Income( Payments). As this when we paid the expenses like telephone then we take the credit, otherwise not.

 


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