https://www.taxtmi.com/forum/issue?id=109003 Entitlement to adjust Research & Development cess against service tax exists where the cess relates to imported-technology or technical-assistance services and is paid in accordance with the notification's timely-payment condition; only cess attributable to a particular service may be applied to that service's service-tax liability. The practical mechanism is to deduct the R&D cess rate from the gross service-tax rate for the same invoice, producing an effective lower service-tax rate, and to reflect the adjustment through the prescribed service-tax return or adjustment process. en-us Fri, 07 Aug 2015 14:54:03 +0530 Thu, 23 Jan 2025 15:56:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109003 Entitlement to adjust Research & Development cess against service tax exists where the cess relates to imported-technology or technical-assistance services and is paid in accordance with the notification's timely-payment condition; only cess attributable to a particular service may be applied to that service's service-tax liability. The practical mechanism is to deduct the R&D cess rate from the gross service-tax rate for the same invoice, producing an effective lower service-tax rate, and to reflect the adjustment through the prescribed service-tax return or adjustment process. Discussion-Forum Service Tax Fri, 07 Aug 2015 14:54:03 +0530 https://www.taxtmi.com/forum/issue?id=109003