Cenvat credit rules
This query is : Resolved
hardik sharma
(Querist)
01 June 2014
Hi!!
Please clarify whether a company can take Cenvat credit of service tax payable covered under reverse charge (Partial & Full reverse charge both)?
Thanks in advance
Please clarify whether a company can take Cenvat credit of service tax payable covered under reverse charge (Partial & Full reverse charge both)?
Thanks in advance
Arun Kumar Singh
(Expert)
02 June 2014
A company can take the cenvat credit on full amount of input services paid under reverse charge system but services should be related to manufacturing activity.
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hardik sharma
(Querist)
04 June 2014
Thanks for earlier answer can you please give some example of activities where manufacturing unit can take credit under reverse charge? Also can t manufacturing entity claim credit of reverse charge under GTA?
THANKS IN ADVANCE..
THANKS IN ADVANCE..
Arun Kumar Singh
(Expert)
16 June 2014
Yes, you can take the cenvat credit on GTA also.
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