Interested to Buy Any Domain ? << Click Here >> for more details...
If service tax paid on freight outward for final output,
whether it can be set off against excise duty payable on
subsequent final product
- 2 Answers
- 7119 Views
- Simran International, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / praveen.kp
No we cant set off service tax paid on freight otward with
excise duty payble. because an service tax input is only
eligible for availing credit on them.
service tax paid on freight outward : in this the tax burden
is put on the buyer or service receiver. He has to pay the
tax under the "catagory goods transport agency". Since
because the reciever of the service is paying the freight
the previlage to avail credit goes to him only not to
service provider.
| Is This Answer Correct ? | 5 Yes | 2 No |
WHAT ARE SERVICE TAX RATES ON AUTOMOBILES PARTS
if i have done some printing works and Party raised invoice including vat 4% in that particulars case. can i deducted tds if Yes on which persentage of rate?
We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....
A person somehow gets hold of an extraordinary rare bird, keeps it as a pet for two years and then sells it off. Will related profit be taxable as capital gain?
What is ITC and on which goods we can claim it?
what is cst and what is rate of cst in 2010
What is the limit to applicable the surcharge on TDS.
when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??
how to file returne?
Can VAT and Service Tax charged on Same amount.
What is MAT? and whom its applicable and what its rate?
what do u mean by excise duty?
Audit 
