when do we claim service tax credit?for eg: in a company
they are not claiming any service tax credit for their
telephone expenses incured?

what would be the reasons for not claiming it?

Answer Posted / sidhu

Yes you can take credit of service tax for telephone
expenses if you are paying service tax or excise duty.

Is This Answer Correct ?    5 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

differnce between the 4.7 & 6.0 versions?

1650


Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed

1455


after directing tally 9 to calculate interest as per 30 day option basis on a loan account.........,it still calculates interest as per calender month when checked on to display>statements of accounts>interest payable in tally 9 ...where is the error?? how to correct the function.

1850


selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety

1598


What is specific reserve

2014






what is mean by provision ? give me examples ..

1540


how there prepare bank interview

1606


how many types of financial teribuanal? what is that?

1525


Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

1451


i am the student of icwai (intermidiate) What is the tds and how use the different state ..

1620


Expand---------PED

1642


Expand----------SAMC

1607


what is account & what is finance

1742


what is difference between venture capital financing and equity financing?

1506


If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not

1588