Procedure to shown R&D Cess and S.Tax on Royalty

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..... Dear Experts, What is the procedure of service tax on royalty and R D Cess to show in service tax return. As per service tax rule we have to pay 5% R D cess and balace 7% in service tax on royalty. .....

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..... Secondly can we take cenvat credit of 7% service tax on royalty. Pl. advice. Thanks - Reply By JAMES PG - The Reply = First of all R D Cess is not payable under ST Rules.It is payable under sectio .....

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..... n 3 of the Research and Development Cess Act, 1986 (32 of 1986)R D Cess Act. Amount paid towards R D Cess can be claimed as exemption from ST payable as per Not 14/2012-ST dated 17.03.12. While fili .....

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..... ng ST-3 Return, this notification can be qouted. Cenvat is available as per the eligibility norms of CCR - Procedure to shown R&D Cess and S.Tax on Royalty - Query Started By: - RAM NAUDIYAL Dated:- .....

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..... 14-12-2012 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxm .....

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..... anagementindia.com - TMI - TaxTMI - TMITax .....

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