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Rcm

This query is : Resolved 
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(Querist)
24 October 2016 Under Rcm Whether cenvat credit is available?
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CA Amrita Chattopadhyay

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CA Amrita Chattopadhyay (Expert)
25 October 2016 CENVAT credit can be availed in the Reverse Charge Mechanism.
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Vatsal

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Vatsal (Querist)
25 October 2016 Assessee is not a service provider & he has liability to pay under Rcm than can he utilise the cenvat credit other than Rcm service availed?
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Vishakha Kejriwal.

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Vishakha Kejriwal. (Expert)
25 October 2016 No need to pay in cash, credit cannot be utlised to dicharge service tax liability under RCM.
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