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CREDIT OF SERVICE TAX PAID, Service Tax |
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CREDIT OF SERVICE TAX PAID |
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We are a manufacturing unit . we are registered with Excise and Service tax both. we are taking CENVAT credit of Excise duty on input received. we are paying service tax in cash on freight of input which we had paid after abatement of 75%.my queries are 1.can we debit (pay)service tax from Ex.duty CENVAT. 2.can we take credit of service tax paid by us on Telephone/Mobile Bill,on Bill of various Auditfees/cosultancy fees/professional fees etc. Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
Dear Sir, Replies to your queries:
Best Regards, Pradeep Khatri YAGAY & SUN (Management and Indirect Tax Consultants), Mobile: 9818131923, e-mail: yagay@in.com; pradeepkhatri@mail.com
Dear Sir, Reply given by Mr.Pradeep is correct except the point no.1 for the following reason: In respect of service tax liability arises on Reverse charge basis, it has to be discharged ONLY by PLA/Cash as per the Explanation to the Rule 3(4) of Cenvat Credit Rule, 2004 Regards, R.Muthuraj
Thanks Mr.R.Muthuraj. Page: 1 Old Query - New Comments are closed. |
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