CAN WE GET 100% CREDIT OF SERVICE TAX INPUT AMOUNT WHILE
PAYING SERVICE TAX. LIKE SERVICE TAX PAYABLE IS RS. 100 AND
SERVICE TAX INPUT IS RS. 30 FOR THE BILL OF TELEPHONE,
TRAVELLING BILL REPAIR AND MAINT OF CARS ETC. PLS HELP ME
OUT ASAP

Answers were Sorted based on User's Feedback



CAN WE GET 100% CREDIT OF SERVICE TAX INPUT AMOUNT WHILE PAYING SERVICE TAX. LIKE SERVICE TAX PAYA..

Answer / pushkar rawat

As per cenvat credit rules, we can avail the service tax input while payment of service tax liability

Is This Answer Correct ?    10 Yes 1 No

CAN WE GET 100% CREDIT OF SERVICE TAX INPUT AMOUNT WHILE PAYING SERVICE TAX. LIKE SERVICE TAX PAYA..

Answer / mumtaj ali ansari

We can take 100% credit same mode & same services.

Is This Answer Correct ?    1 Yes 0 No

CAN WE GET 100% CREDIT OF SERVICE TAX INPUT AMOUNT WHILE PAYING SERVICE TAX. LIKE SERVICE TAX PAYA..

Answer / mohit

NO WE SHOUD NOT GET CREDIT OF SERVICE TAX INPUT WHILE
PAYING SERVICE TAX

Is This Answer Correct ?    6 Yes 8 No

Post New Answer

More Taxation Interview Questions

Please provide me the whole concept of as -22 (deferred tax)

1 Answers  


What are the new threshold limits put in the parliment under New tax code recently for Men, Women and Senior Citizens

1 Answers  


What is Form-I, FORM-F, FORM-H, FORM-E and FORM-C?

2 Answers   PMT Machines,


How can adjust income tax with TDS???

1 Answers  


We are purchasing machinery from Mumbai supplier. Deliverable in Jamnagar & invoice is on our name (Maharashtra). Can we issue 'C' form?

4 Answers  






What is MAT ?

2 Answers   Britannia, HDFC,


How to adjustment of CST ? and also tell me about C-Form affairs ?

0 Answers   Wipro,


We had received form16A from one corporate company, against they made payment about Rs.49,000/- on 25/06/08, What i Should do this form ?

2 Answers  


In Indian Taxation point of view, what you will look into a payment or what is to be observed while making a payment.

2 Answers  


we have got a bill of maintinance charges (material Bill only. bill amount is rs. 5000/- now my question is how much wct we have to cut.

1 Answers  


HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)

0 Answers  


can anybody provide me the format of PF & ESI with the rate chart.

2 Answers   OPI Global,


Categories