TMI BlogInput service credit.- Reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... We are Exporting our process generated waste and discounting the export bills in the Bank under EBR (Export Bills Abroad scheme). We have received Advices from bank wherein service tax to the extent o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f 12.36% is recovered from us. Kindly let us know whether we are entitled to take Input service credit on the strenght of copy of Bank advice? Regards, VINAY - Reply By Pradeep Khatri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - The Reply = Yes, you can avail the CENVAT credit on the basis of 'Original bank advice' as banks are exempted to issue invoices under Service Tax Laws. If you can't avail the CENVAT credit, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... even then, you may get the exemption or refund as the case may be. - Input service credit.- Reg. - Query Started By: - vinay wakde Dated:- 16-8-2012 Service Tax - Got 1 Reply - Service Tax - Discus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sion 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 X X X X Extracts X X X X
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