Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Service tax credit after the payment has been made

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... We are a pvt. ltd. Company giving CFA services from 2002. We had not paid service tax on reimbursement of expenses from our principal for period 2001 to Sep 2004 . This was revealed during service tax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... audit in Oct 04. Subsequently we paid the entire service tax amount with interest for the period 2001 to Sep 2004. While paying this arrears amount, We had availed service tax credit for service tax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... paid on telephone, security etc. for period May 2003 to Sept 2004 . Is it correct that such service tax credit can be availed only if payment of these bills have been done after Sept 2004 ? - Reply B .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y Madhukar N Hiregange - The Reply = In my view the reimbursements were not a subject amtter of servic etax till 19.4.2006 . Only after the ST determination of value rules are reimbursments liable. Se .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... condly the credit is available for past periods as the tax is payable for past period. - Service tax credit after the payment has been made - Query Started By: - S.SRIVIDYA Dated:- 12-4-2007 Service .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates