Cenvat of service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 August 2014
A manufacturing company employs secruity guard on
contract basis for its factory where manufacturing
activities are carried out. Company is required to
pay service tax on services of security guards on
recepient basis. It discharges excise duty on its products
manufactured in factory.
Question is whether company can avail cenvat of
service tax so paid on recepient basis against
excise duty payable on excisble products manufactured.
contract basis for its factory where manufacturing
activities are carried out. Company is required to
pay service tax on services of security guards on
recepient basis. It discharges excise duty on its products
manufactured in factory.
Question is whether company can avail cenvat of
service tax so paid on recepient basis against
excise duty payable on excisble products manufactured.
Annu Agarwal
(Expert)
07 August 2014
Yes the company can adjust cenvat credit of the service tax so paid under reverse charge against excise duty payable.
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