Hi,
Can we take set off service tax agaisnt service tax (like in VAT ).
3 Replies
Prachi
(Service)
(83 Points)
Replied 23 December 2008
Hi Sunil,
yes , set off is allowed.
Regards,
Prachi
CA. MUKESH KUMAR
(CHARTERED ACCOUNTANT)
(183 Points)
Replied 23 December 2008
YES, if u r a output service provider and receving services for providing output services.
Ritesh
(CA Final)
(326 Points)
Replied 23 December 2008
Abso;utely you can claim setoff provided there has to be a nexus between Input Service( in respect of which of you are claiming credit) & Output Service
Recent Topics
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
- Urgent doubt on GST
- Profit or Loss on Sale of Assets Accounting treatm
Related Threads
CAclubindia
