TMI BlogInput service credit related to barges and tugs -regX X X X Extracts X X X X X X X X Extracts X X X X ..... We are having our own Barges/Tugs. We are giving these Barges/Tugs on hire. We are paying service tax on monthly basis on hire income/ shipping income. As per the contract, all the expenses incurred during hire period has to bare by us only. The Custom House Agent is engaged who looks after the barges. The CHA raising the bills / invoices on us towards Agency fees and debit notes for reimbursement ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of Port Dues paid on our behalf to Port authorities at various ports. Kindly give your valuable guidance on following queries:- (1) Whether we can take Input service credit on bills/debit notes raised in our name by the Custom House Agent and adjust the Input service credit towards payment of Service Tax i.e. payment of service tax on output service namely supply of Tangible goods . (2) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Whether we have to maintain separate record for receipt consumption of input services as per Rule 9(6) of Cenvat Credit Rules ? (3) Is there any separate monthly CENVAT Return to be filed other than CENVAT Return under Rule 9(7) of CCR to the Service Tax authority? if we adjusted the credit taken on input service for payment of service tax on output service? Kindly give us your val ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uable guidance. - Reply By Ganeshan Kalyani - The Reply = You can certainly take the credit. - Input service credit related to barges and tugs -reg - Query Started By: - vinay wakde Dated:- 1-3-2016 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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