how to credit available on service tax explaine procedure?
- 4 Answers
- 9643 Views
- Visa Steel, I also Faced
- E-Mail Answers
Answer Posted / ramesh.r
SERVICE TAX CREDIT MEANS THE INPUT SERVICE TAX I.E THE TAX
WHICH WE HAVE PAID ON HOUSE KEEPING BILLS, TELEPHONE
BILLS,CREDIT CARD BILLS,SECURITY BILLS,laundry ETC.,
PAYMENT FOR THE ABOVE BILLS WE WILL GET IN PUT SERVICE TAX
RAISING SERVICE BILLS TO CUSTOMER WE WILL GET OUTPUT
SERVICE TAX
OUT PUT SERVICE TAX - INPUT SERVICE TAX = SERVICE TAX
PAYABLE
INPUT TAX ON EXCISE CAN ALSO BE TREATED AS INPUT SERVICE
TAX CREDIT AS PER SERVICE TAX ACT.
| Is This Answer Correct ? | 4 Yes | 2 No |
Post New Answer View All Answers
we are the manufacture of leather shoes, we send the shoe sample to some parties , can it we shown in RG1 Register , if shown then , where ? if not then why ?
Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere
Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?
What is the eligibility criteria of C-Form(Manufacturing goods of borewell bits, Hammers, Drilling Tools and Air compressors, etc..). If such company will purchase safety shoes, buyer can eligible to issue C-Form?
I want to do correspondence course related for taxation, where I can learn income tax, service tax, sales tax etc. Any one can suggest from which university can I do and name of the course also.
In TDS Challan, i had written the TAN No of my company wrongly and i file it to the Govt. what can i do now? is there any problem reg this? wat is my next step? shall i give any letter to TDS Circle in this regarding? how can i approach them? Kindly help me immdly with the procedure.
How to file the CST return and which form is use.
what is sales tax assesment or annuel return company and how to do end of the finiancial year and what is form no 240.
Excise duty applicable for Handmade Production?
plzzzzzz help me friend my question is, is the tds of part of income tax and when it deduct from salary and why becose tds is deduct only secoundry primary income like lotory etc..
witch taxes are calculate in CENVAT for Gold ornaments ?
why VAT not charged in deemed sales bill.
Dear Sir, we have purchased Poly Covers ( 360mm x 560mm)for raw material use.This Input vat claim it or not ?
please send me andhra bank clerk xam model papers
updated rates of sales tax & VAT in Maharashtra
