Reverse charge
This query is : Resolved
14 December 2013
Sir,
We have paid Service tax due on supply of man power services, and respectively we take CENVAT of it.. but as per Department they say, u are not eligible for CENVAT and subsequently they demand for tax due + 36% interest.. . . . as man power are for erection & commissioning of our newly made factory (for furnace purpose).. i want to know can Department is right in view... and what are the remedy to save our side??? plz reply
We have paid Service tax due on supply of man power services, and respectively we take CENVAT of it.. but as per Department they say, u are not eligible for CENVAT and subsequently they demand for tax due + 36% interest.. . . . as man power are for erection & commissioning of our newly made factory (for furnace purpose).. i want to know can Department is right in view... and what are the remedy to save our side??? plz reply
14 December 2013
Dear friend,
In my view, the department is not right in denying the credit. You have to convince them that the services availed are input services for you. It is astonishing that 36% of interest has been demanded. I think such a rate has not yet been fixed by the government.
In my view, the department is not right in denying the credit. You have to convince them that the services availed are input services for you. It is astonishing that 36% of interest has been demanded. I think such a rate has not yet been fixed by the government.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Reprocessing of rectification order AY 2025-26
- Consolidated financials
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Regarding Applicability of Tax Audit u/s 44AB
- Section 50-fixed asset-->building ceases to exist
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
