Regarding the cenvat credit utilisation
This query is : Resolved
15 June 2016
Nature of Co is Stock Broker, co will charged service tax from clients ..
Case :Company paid Legal fee of Rs. 2,00,000 /- to Advocate and Service tax of Rs 29000 /- in April 2016 (including SBCess @0.5%) to Service department on Reverse Charge Mechanism.
My question is that can company take Cenvat credit for Service tax liability in may 2016 , June 2016 , July 2016 , August 2016 and so on ?
Case :Company paid Legal fee of Rs. 2,00,000 /- to Advocate and Service tax of Rs 29000 /- in April 2016 (including SBCess @0.5%) to Service department on Reverse Charge Mechanism.
My question is that can company take Cenvat credit for Service tax liability in may 2016 , June 2016 , July 2016 , August 2016 and so on ?
15 June 2016
if you pay service tax then you can take input of service tax for make payment of your service tax liability.
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