Credit Availiability
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....redit Availiability<br> Query (Issue) Started By: - Brahmaputra Cracker and Polymer Limited A Govt.Of India Enterprise Dated:- 16-9-2013 Last Reply Date:- 23-9-2013 Service Tax<br>Got 4 Replies<br>Service Tax<br>We are in project stage. The company is having a website which is used for dispaly of tender and display of other notices pertaining to the company. The website is being managed by outside....
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.... agency, which is charging service tax on the bill. Whether credit is availiable on the same. Reply By MANDAVILLI RAMAKRISHNA: The Reply: your company is manufacturing company. you are paying ST on the advertisement for inviting contractors. Now your company is in project stage. ST can be taken credit and can be adjusted towards central excise liability in future. But dept. can object to get cla....
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....im for total credit as civil works are not eligible for cenvat. Only machinery part suppliers ST/ Cenvat can be used. So, part of the ST paid on the advt. relevant to machinery part [ proportionate ] can be availed. Reply By Naveed S: The Reply: I agree and appreciate the reply to the query answered above.. Its a perfect and to the point reply.. Reply By RAMASWAMY KRISHNA IYER: The Reply: The ....
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....restriction on civil and other works are only for construction and works contract service . I believe full credit is available on advt service Reply By MANDAVILLI RAMAKRISHNA: The Reply: yes. better to take entire input on advt. expenses and let the department decide during excise or service tax audit.<br> Discussion Forum - Knowledge Sharing ....
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