Cenvat credit availment
This query is : Resolved
02 January 2014
Is it possible to take credit of those services under which service tax is payable under reverse charge mechanism. Also is it necessary that input service should be related or directly connected with our output service.
Our company provides business management consultancy service and for general administrative office maintainance purpose hiring the housekeeping services. whether housekeeping service credit can be taken?
02 January 2014
If you are paying Service tax on input service & this input service is attributable to taxable output service. You can avail the tax credit. Reverse charge mechanism is the mode to pay service to exchequer. Hence, this will not affect tax credit availment.
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