Cenvat credit on rent a rent a cab
This query is : Resolved
pankaj chaurasia
(Querist)
29 September 2016
SIR/MADAM
OUR COMPANY IS A TELECOM COMPANY AND WE ARE USING SERVICE OF RENT A CAB FOR OUR EXECUTIVE TO VISIT THE VARIOUS WORKING PLACES LIKE TOWERS, TELEPHONE EXCHAGES ETC. WHETHER THE SERVICE TAX PAID TO CAB OPERATOR BY COMPANY IS CENVATABLE OR NOT.
COMPANY IS FULLY OWNED BY GOVT OF INDIA AND STATUS OF COMPANY IS PSU.
OUR COMPANY IS A TELECOM COMPANY AND WE ARE USING SERVICE OF RENT A CAB FOR OUR EXECUTIVE TO VISIT THE VARIOUS WORKING PLACES LIKE TOWERS, TELEPHONE EXCHAGES ETC. WHETHER THE SERVICE TAX PAID TO CAB OPERATOR BY COMPANY IS CENVATABLE OR NOT.
COMPANY IS FULLY OWNED BY GOVT OF INDIA AND STATUS OF COMPANY IS PSU.
Arun Kumar Singh
(Expert)
29 September 2016
You cannot take the cenvat credit of duty paid on input service under reverse charge system for rent a cab. other than these services you can avail the cenvat credit.
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pankaj chaurasia
(Querist)
29 September 2016
sir i am asking about the service tax paid under RCM (by our company)
pankaj chaurasia
(Querist)
29 September 2016
sir please explain in detail.with the help of supporting section
Arun Kumar Singh
(Expert)
29 September 2016
No need to pay service tax under reverse charge system to government body.
pankaj chaurasia
(Querist)
29 September 2016
OUR COMPANY IS NOT GOVT BODY IT IS PSU (BSNL)
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