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Reverse charge

This query is : Resolved 
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(Querist)
01 July 2014 please suggest me can a company claim service tax paid on reverse charge paid on abated value(car hire) in his books.
we have passed this entry:-

car-hire 100
ser.tax rec.(rev.chg)4.94 (12.36*40%)
To vendor 98
to tds payable 2
to ser. tax pay(rev chg,) 4.94


thanks & regards
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Ganeshbabu K

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Ganeshbabu K (Expert)
03 July 2014 No cenvat available on payment of service tax for rent a cab service
.
.
Hence amount paid for this service is to be debited to profit and loss account
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Rupesh Jain

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Rupesh Jain (Expert)
05 July 2014 not available till it not prove that it if for technical persons carrying for your com. project.

mostly cases not allowed.
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