Cenvat credit

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Tushar (Querist)
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30 June 2013 Please clear doubt

IF abc ltd is manufacurer, and paying excise duty, I want to know whether abc ltd can take Cenvat credit of Service tax paid on transportation charges under GTA against excise duty payable?if yes, provide any reference , notification which support my answer in this matter as soon as possible

very important.....................

Arun Kumar Singh

Arun Kumar Singh (Expert)
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01 July 2013 Service recipient will pay the service tax under reverse charge system. Cenvat credit is available on input goods, input services and capital goods. Manufacturer as well as service provider will liable to get cenvat credit of input services.

Tushar

Tushar (Querist)
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02 July 2013 Thank you for reply sir

I just want know that in above situation we can take cenvat credit for Service tax paid under reverse charge system

Arun Kumar Singh

Arun Kumar Singh (Expert)
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02 July 2013 Yes, you can take the cenvat credit on duty paid under reverse charge systems.

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