Regarding input of service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 December 2013
we as a company are paying service tax on transportation of goods and supply of manpower under reverse charge mechanism.so I want to know that can we claim credit of service tax paid on telephone charges and testing charges etc as iput against our above mentioned liability.
24 December 2013
Against reverse charge mechanism you cannot take such credit.
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 December 2013
hi..tushar
can you please upload any supporting or link to justify your answer
can you please upload any supporting or link to justify your answer
02 January 2014
1. CENVAT credit can be utilised to discharge service tax liability on OUTPUT service.
2. Services covered under reverse charge have been specifically EXCLUDED from the definition of output service.
Accordingly, you CANNOT utilize CENVAT credit to discharge service tax liability under reverse charge mechanism.
Such liability has to be discharged only by cash payment.
2. Services covered under reverse charge have been specifically EXCLUDED from the definition of output service.
Accordingly, you CANNOT utilize CENVAT credit to discharge service tax liability under reverse charge mechanism.
Such liability has to be discharged only by cash payment.
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