Refund of service tax paid under rcm
This query is : Resolved
shankarchandak
(Querist)
29 April 2013
Can Be get refund of service tax paid under RCM as service receipient or it can be treated as expenses.
29 April 2013
It is a tax payable by service recipient only and no refund or credit can can be claimed.
CA Vikas Acharya
(Expert)
29 April 2013
as service recipient the treatment will be same whether reverse charge or not.
in both cases ultimately you incurred the service tax, though in rcm deposit by you and in normal case deposit by provider
hence treatment also same.
if you can avail the ccr then current asset (normally you can avail when you are manufacturer or service provider, with also other conditions too be satisfied)
if you can't avail ccr then exp.
in both cases ultimately you incurred the service tax, though in rcm deposit by you and in normal case deposit by provider
hence treatment also same.
if you can avail the ccr then current asset (normally you can avail when you are manufacturer or service provider, with also other conditions too be satisfied)
if you can't avail ccr then exp.
12 June 2013
Yes I agree with the experts
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