Set off of output tax in offshore services with input tax

Sunil Kumar Pattnaik (Mgr. Finance) (42 Points)

27 October 2008  

 

We are power construction company having head office at china and a branch in India. We have input credits on the services rendered to us by our subcontractors and we also provide services from outside India ie., from china. Is it possible to set off the output tax generated from services from china to India with the input tax generated within India.
If some one can solve my query, also please send me the notification alongwith the answer.
Regards