Service on gta services
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 October 2015
XYZ ltd is a private company dealing in sale and purchase of goods. since company has to pay ST on GTA under Reverse charge as it is a recepient of Goods transported by road service
My Query is Can the company take CENVAT of ST paid on GTA under reverse charge against payment of ST on GTA as there is no other service catogary applicable to company???
If company can take CENVAT of the same then how n when to take CENVAT
My Query is Can the company take CENVAT of ST paid on GTA under reverse charge against payment of ST on GTA as there is no other service catogary applicable to company???
If company can take CENVAT of the same then how n when to take CENVAT
23 October 2015
Service tax under reverse charge has to be paid no cenvat credit adjustment can be done. As you are not providing any out put service no cenvat credit be taken.
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