banner_ad

Cenvat credit

Notifications 706 views 1 replies

Dear sir,

please provide a complete reference regarding  refund of service tax paid under reverse charge, i have read rule 5B but not found any such clarification, how can a service recipient  who has no any output services refund of service tax? excise liability paid by such recipient can be set off against service tax input(Reverse Charge). provided that recipient is export co. and avail duty drawback.

Replies (1)

reverse charge can be paid only by cash. your client can get cenvat credit of it while paying excise duty.

read this link for reverse charge understanding

/articles/reverse-charge-mechanism-in-service-tax-an-overview-15865.asp#.UT8epVIhDIV


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details