Dear Sir
I am a Contractor and I am Service Tax Collect from my Contractor and at same time i was Service Tax Paid to my Sub Contractor at Service Tax Paid Time I will Cen Vat Credit Taken on Payment to my Sub Contractor.
Exmp. I was Collect ST From my Contractor 10
and I am Paid ST to my Sub Contractor 5
Then i will paid ST only 5 is this correct or not
and Cen Vat Credit taken only i was Amount paid to My Sub Contractor or Bill Received my Subcontractor Plase Tell
Thanks