Service tax cenvat credit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 June 2015 Dear expert
the vendor has given the invoice for work contract charging 50% ST on service portion and 50% ST i will have to pay, plz let me know can we avail cenvat credit of both 50% paying to vendor and 50% deposited by myself.

plz solve my Query

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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14 June 2015 Yes you can avail cenvat credit on both 50%.

Querist : Anonymous

Querist : Anonymous (Querist)

14 June 2015 Dear sir
both means 50%, 50%, it's means 100% na..

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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14 June 2015 Yes it is 100%.........

Querist : Anonymous

Querist : Anonymous (Querist)

27 June 2015 Good afternoon seetharaman sir

sir i am paying ST on receipt basis. suppose i have received the payment on 27/6/2015 and bill date was 25/5/2015. plz tell me when should i create the ST liability in my books of accounts. whether on bill date or on the payment receiving date..

plz solve my Query

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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27 June 2015 Create ST liability on bill date but pay as per receipt basis.