TMI BlogService Tax on reverse charge method - reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... Our company is member of Sponge Iron Manufacturers Association(SIMA), New Delhi. During this month we have given Rs. 1,00,000/- towards sponsorship service to SIMA. The service Tax is payable @ 12. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 36% by the service recipient under R.C.method on Sponcership Service w.e.f. 01.07.2012. Kindly let us know whether we are eligible to take Input service credit on the strength of Bank challan or no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t? Regards, VINAY - Reply By Pradeep Khatri - The Reply = According to the Para 10.1.4of the Taxation of Services- An Educational Guide:- Normally, the credit of the entire tax paid on the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... service received by the service receiver would be available to the service recipient subject to the provisions of the Cenvat Credit Rule, 2004 . The credit of tax paid by the service provider would ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be available on the basis of the invoice subject to the conditions specified in the Cenvat Credit Rule, 2004 . The credit of tax paid by the service recipient under partial reverse charge would be av ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ailable on the basis on the tax payment challan, again subject to conditions specified in the said Rules. - Service Tax on reverse charge method - reg. - Query Started By: - vinay wakde Dated:- 27-8 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -2012 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entindia.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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