service tax all service % of Cenvat & Pay
Dear sir,
pls tell me all service in cenvat credit % of (i.e.25% 75% 50% 60%) all detail are difiernce in service credits
urgent
Detailed Breakdown of Cenvat Credit Percentages for Various Services, Including Foreign, Contract, and Manpower Supply A user inquired about the percentage of Cenvat credit applicable to various services, seeking urgent clarification. A respondent provided a detailed breakdown of service tax payable percentages for different service scenarios. These include: foreign services with 100% payable by the recipient, works contract services split 50/50 between provider and recipient, manpower supply with 25% provider and 75% recipient responsibility, and renting of vehicles with varying percentages based on abatement. Other services like support from government, director services, advocacy, arbitration, sponsorship, goods transport, and insurance agents have 100% tax payable by the recipient. (AI Summary)
Service Tax