banner_ad

Reverse charge mechanism

This query is : Resolved 

04 January 2017 Pls advise whether Cenvat is eligible in below :-

Works Contract Service where Reverse Charge Mechanism is applicable. Accordingly, 50% service tax is paid by service provider and 50% Service tax is paid by service receiver...

Kindly provide for Cenvat eligibility in above Transaction

05 January 2017 Input on Reverse Charge can be claimed only to the extent it is paid by us. So in the given case, the Service receiver will be able to claim 50% paid under Reverse charge in next month as Input.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details