Credit on air tickets and tour
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....redit on air tickets and tour<br> Query (Issue) Started By: - ganeshan kalyani Dated:- 7-10-2014 Last Reply Date:- 7-10-2014 Service Tax<br>Got 3 Replies<br>Service Tax<br>Dear Sir, I would like to discuss that in general course of business the associate of the company travel abroad for business meeting, exhibition etc. The travel agent is doing the booking for air fare and plan for hotels and st....
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....ay. The travel agent raises bill on the company with service charge and service tax. Whether the service tax on bill can be claimed as cenvat credit. Whether the same can be issued by way of Input Service Distribution (ISD). Kindly through some light in the discussion. regards, ganeshan Reply By MUKUND THAKKAR: The Reply: Dear Ganesh your problem is like that how to define amount for passing ....
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....credit thru ISD, input service distribution on based of your turn over, according to me which ever your unit turnover is highest please pass on to them. Reply By Pradeep Khatri: The Reply: Dear Ganeshan, Please go through the Rule 7 (as amended in the budget) of the CENVAT credit Rules, 2004, thoroughly and act accordingly to distribute the CENVAT credit as per the procedure mention in the said....
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.... rules. Regards YAGAY and SUN (Management, Business and Indirect Tax Consultants) Reply By Ravi Kumar Somani: The Reply: CENVAT credit can be claimed for the travelling expenses provided output service is taxable and if nexus can be proved that such input services are having nexus with the taxable output service.<br> Discussion Forum - Knowledge Sharing ....
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