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TMI BlogService tax credit and applicability amountX X X X Extracts X X X X X X X X Extracts X X X X ..... Service tax credit and applicability amount X X X X Extracts X X X X X X X X Extracts X X X X ..... "B" that, "B" is providing a service in the fields of arrengemnt of travelling facility to "A". For that "B" availed services from "C" (Other travel agency) for hiring a Car/Motor car for providing se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rvice to "A". Now "C" raise the bill to "B" Rs.10490/- in the following manner. Gross Amount Rs.10000/- Service tax 4.9% Rs. 490/- ------------- Rs.10490/- ============= "B" paid this amount to "C". A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd last B raise the bill to A including of his margne of Rs.1000/- in the follwing manner. Gross Amount Rs.11000/- (10000+1000) Service tax(12.24%) Rs. 1346/- ------------- Rs.12346/- ============== M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Question:- 1)"B" acting as a Travel Agent for "A" (service receipient)? 2) Can "B" (Service provider)availe the 100% serivce tax credit which he paid to "C" (Other travel agency)? If Yes, Any other ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... obligation for "B" (service provider)for availing service tax credit? Reply By Surender Gupta: The Reply: In this query, "B" is paying full service tax without availing any exemption, and assuming th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at the provisions of rule 6 of Cenvat Credit Rules, 2006 are not being attracted, I am of the opinion that you are eligible to avail 100% credit of Rs. 490/- paid by "C". X X X X Extracts X X X X X X X X Extracts X X X X ..... dge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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