Partial reverse charge and cenvat
This query is : Resolved
Dipul mehta
(Querist)
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.
CA Abhishek Malpani
(Expert)
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.
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