Cenvat credit rules
This query is : Resolved
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
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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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..
16 June 2014
Yes, you can take the cenvat credit on GTA also.
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