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 Input

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Is the assessee who provides various services under different category can take Input Credit on all services he avails for exam;e auditing, professional charges, recruitment? In short can the service tax Input can be calimed on all services or is there any exclusions. - Reply By Brijesh Verma - The Reply = Dear Sir, Input Service Tax credit can be availed on all input services without any .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... bar if there is no such output service which is exempted from tax payment. In that case Rule 6(3) of Cenvat Credit Rules 2004 would apply and the three options would come into play!!! - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Dear Sir, As per the definition of 'input service' under Rule 2(l) of CENVAT Credit Rules, 2004 you can avail credit on any service utilised for providing an outpu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t service; you can avail credit on such other services in relation to setting up, modernisation, renovation or repairs of a factory, premises of output service, activities relating to business such as accounting, auditing, financing, recruitment and quanlity control, coaching and training, computer networking, credit rating, share registry and security. The list of activities shown as relating .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to business in the definition is not an exhaustive one. If you can able to prove if any service is relating to activities relating to business then credit can be availed on such service. Regards, M. GOVINDARAJAN 09486103193 - Reply By Mangesh Lokre - The Reply = If the nexus between the Input Service and the manufacturing activity can be proven, then you can avail the Cenvat Credit of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Service Tax paid on all the Notified Serives. - Service tax Input - Query Started By: - ajith kumar Dated:- 25-2-2011 Service Tax - Got 3 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - 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