Capital Gain on Ancestral Property

898 views 1 replies

Services in relation to Package tour only 25% of the bill is taxable from 23.8.2007 wherein the bill issued indicates that it is inclusive of charges for such a tour... my question is that can setoff be claimed on input in Maharashtra????

Replies (1)

No CENVAT credit of duty  on inputs/capital goods or the CENVAT credit of sercive tax on input services used for   providing such taxable service is allowed, if you want to avail of 75% exemption in respect of Package Tour.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register