TMI Blog20% of input service taxX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, I wish to clear one of my doubt.ie In which stage we have to claim input serice tax @20%. and is 20% is calculating based on Total oputput service tax or Total input servic Tax - Reply B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Pradeep Khatri - The Reply = I am afraid that you are reffering a very old provision of law pertaining to service tax. Now, if you are manufacting or providing taxable or exempted service by using ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... common input service then you would have to reverse the Equivalent CENVAT credit by giving the prior intimation to the concerned superintendent of Central Excise, Or as per formula mentioned in Rule ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6 you would have to reverse CENVAT credit or pay an amount equivalent to 6% of the value of such services. - 20% of input service tax - Query Started By: - DILEEP G Dated:- 7-6-2012 Service Tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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