Service tax credit
This query is : Resolved
09 November 2013
My transport contractor charging s.tax on the bill and we are paying the amount including s.tax. Shall we are eligible to take credit of service tax ? pls clarify urgent
09 November 2013
Dear Mr. Gopal,
In case you are not liable to pay service tax on GTA under Reverse charge, you may claim CENVAT Credit.
However, in case you are liable under reverse charge, first you have to pay service tax under reverse charge. After paying service tax and service charges you can claim CENVAT Credit.
However, in case you have paid wrongly to the transportor even you are liable under reverse charge then you cannot claim CENVAT Credit.
In case you are not liable to pay service tax on GTA under Reverse charge, you may claim CENVAT Credit.
However, in case you are liable under reverse charge, first you have to pay service tax under reverse charge. After paying service tax and service charges you can claim CENVAT Credit.
However, in case you have paid wrongly to the transportor even you are liable under reverse charge then you cannot claim CENVAT Credit.
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- TAN for Partnership
- GST ON DAMAGED GOODS
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- LTCG for Assmt year 26-27
- Treatment of Pension ?annuity returns on PMVY
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
