Cenvat credit of service tax paid undet reversecharge
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 May 2013
Dear fellow
Good evening..
My q fact is...
A company exempted from excise duty for main product,but liable & paying right now excise duty on ancillary /byproduct.
My question is can above said company take input CENVAT credit of service tax paid under reversecharge mechnism which fall under input detonation.
Thanks a lot for reply as soon as possible.
Good evening..
My q fact is...
A company exempted from excise duty for main product,but liable & paying right now excise duty on ancillary /byproduct.
My question is can above said company take input CENVAT credit of service tax paid under reversecharge mechnism which fall under input detonation.
Thanks a lot for reply as soon as possible.
13 July 2013
No it is not applicable for reverse charge
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