If any person or company received the service tax amount
from client and he purchase a construction equipment /
commercial vehicle , than can he adjusted service tax amount
which payable by him agnst excise duty of
construction equipment / commercial vehicle as per following
condition:-
1. if company involve in only construction activity.
2. If company involve in construction and manufacturing
activity both.
Answer Posted / tamil selvan
As per my experience, Excise Duty cannot be taken as Input
credit for service tax payment.
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
What do you mean by fair rent?
how i get h form
We have a constructed a goverment approved textile park in year 2007. will we have to pay Service Tax on that Construction Service?
how & on which amt tax should be calculate on pvt ltd company or ltd company
What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?
what is the vat & cst rate with cst and without c form. TDS on salary how to deposti and which challan use for this
is there any specific percentage related to lower tax deduction under tds
sir, please suggest me. If in case work contract, wct not deduct by principal contractor then what is the consequence ? I mean please clear me if the principal contractor not deduct wct then is the contractor (sub) liable to pay wct ?
i want know central excise duty codes with cess?
WHAT IS TDS?SHOULD WE FILE TDS TO PURCHASE A THING .SHOULD WE PAY BOTH TDS &TCS FOR THE SAME THING
i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income
HOW TO FILL UP WEST BENGAL VAT FORM 14. NOT TECHNICALLY I AM AWARE ABOUT THEIR MANUAL. BUT I WANT TO KNOW POINT BY POINT.
How much is the tax & surcharge % against d-1 form. on cement,steel,electrical item,RMC,
how to calculate deffered tax, relating to company.. pls explain with examples.. also about timing differences..
How many types of vat categoryplease tell me all type of vat categories..............