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Claim of Service tax credit

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..... I have one central office(CO)and two branches. Services are provided by banches. In case some input services directly identifiable to respective branch is paid by CO( althogh service is recd by respec .....

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..... tive branches).Branches are registered as service provider. To claim input credit by branches, do CO is to get itself registeration as "Input Service Distributor" or can credit be claimed by banches s .....

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..... imply on tne basis of debit note raised by CO, as services are recd by banches directly. - Reply By Surender Gupta - The Reply = Where branches are registered separately, and receiving input service .....

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..... s directly i.e. containing the particulars evidencing that input services are being received by the respective branch only, in that the concerned branch can take the credit directly even if the paymen .....

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..... t is made by the central office. The payment proof can be shown from the bank statement of branch. On the contrary where the services are being received by the central office identifiable as belong to .....

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..... respective branch in that case, CO is required to get registration as ISD, input service distributor and pass the credit to the concerned branch as per prescribed procedure. - Claim of Service tax cr .....

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..... edit - Query Started By: - sunil jain Dated:- 4-1-2010 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India .....

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..... - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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