Service tax credit
This query is : Resolved
Gopal Bhosle
(Querist)
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.
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