Partial reverse charge and cenvat
This query is : Resolved
26 November 2013
Dear Sir,
Plz Suggest we have paid 75% service tax liablity on advance paid to supply of man power service to contractor we get invoice from them when full contract completed, can we get CENVAT of 75% what we paid to govt. and can this CENVAT we adjust with EXCISE Payble ? and if yes. then in which time we adjust it.
Plz Suggest we have paid 75% service tax liablity on advance paid to supply of man power service to contractor we get invoice from them when full contract completed, can we get CENVAT of 75% what we paid to govt. and can this CENVAT we adjust with EXCISE Payble ? and if yes. then in which time we adjust it.
26 November 2013
Yes you can get the credit. Once service tax is paid to government, there is no bar on availing the credit for the same. Once you get the credit, you can utilize the same for the reason you want.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
