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Cenvat credit (Service Tax)

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This query is : Resolved


( Author )
09 June 2012

 ACCORDING TO VAT IF THERE NO OUTPUT NO INPUT TAX CREDIT. LIKE THAT IF A INDIVIDUAL PAYS SERVICE TAX ON BEHALF OF SERVICE PROVIDER. THE INDIVIDUAL DOES NOT PROVIDES ANY KIND OF SERVICE. IS HE ELIGIBLE TO GET CENVAT CREDIT.GIVE ME CLARIFICATION ABOUT THIS?


Dayal

( Expert )
10 June 2012

 The provisions under act is meant for reducing the cascading effect., no output service means no credit



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