Cenvat credit in legal service
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 May 2015
In legal case service provider is individual / firm of advocate & service receiver is ltd / pvt ltd company so in that case service receiver is paying 100% liability on that service.
So my question is that can service receiver take the benefit of cenvat credit or not ?
& plz provide notification no
In legal case service provider is individual / firm of advocate & service receiver is ltd / pvt ltd company so in that case service receiver is paying 100% liability on that service.
So my question is that can service receiver take the benefit of cenvat credit or not ?
& plz provide notification no
31 May 2015
If business entity pays service tax under reverse charge, it can take cenvat credit for it and utilize it for payment of service tax and excise. Legal service is input service as per definition (rule 2(1) of cenvat credit rules, 2004).
31 May 2015
Yes it is input..You can take credit
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales return eway bill
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Treatment of Pension ?annuity returns on PMVY
- Taxation on LTCG for property sold after 24JUL2024
- GST ON DAMAGED GOODS
- Tax liability on income of freelancer
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
