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

is service tax credit allowed for lease rent of capital goods i.e. machinery

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... An assessee has taken credit of Lease rent of Machinery.from A company. They also job work for A company take input credit for all inputs. They sell all the goods by the payment of excise duty. Can .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... we allow Cenvat Credit for Such case. - Reply By Himansu Sekhar - The Reply = If the question can be redrafted in this fashion: B Company carry job work for Company 'A' 'A' provide .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d machines on lease to 'B' and raise s.tax bills on 'B' 'B' procures inputs for the job work on payment of CEX duty 'B' after doing the job work cleares the goods on .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... payment of CE duty as per the instruction of 'A' If the above statements match , then the availment of credit by 'B; is proper and legal. - Reply By Ganeshan Kalyani - The Reply = In my .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... view, input tax credit is eligible. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = I endorsed the views of both the experts. - Reply By manish kumar - The Reply = Thanks sir. - Reply By Gane .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... shan Kalyani - The Reply = Welcome Sir. - is service tax credit allowed for lease rent of capital goods i.e. machinery - Query Started By: - manish kumar Dated:- 31-7-2018 Service Tax - Got 5 Repli .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... es - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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