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Service tax - reverse charge liability

Service Tax (Legacy) 12482 views 4 replies

Whether Service Receiver can adjust its Service Tax liability on import of services by utilizing service tax paid in advance earlier against his normal output service ?

Replies (4)

When you pay ST on the import of Service, you can treat it as Cenvat Credit and utilise the same towards discharging your Output ST liablity.

i have already paid my output service tax liability in advance. now there has ben a service tax liability on me through reverse charge mechanism.

so my question is whether can i set off my reverse charge liablity through my earlier advance payment ?

All reverse charge liablity has to be discharged only in Cash

Originally posted by : Prasad

All reverse charge liablity has to be discharged only in Cash

Thats Right..


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